GM to invest $200 million in Saginaw plant, add 250 jobs

Good news for a change!

General Motors plans to announce an investment on Friday in Saginaw worth more than 250 jobs at the casting plant there, people familiar with the situation said.

The automaker will put more than $200 million into the plant to add the jobs, one of the people said. The new positions are part of the hiring commitments in GM’s new contract with the UAW, in which the automaker said it planned to create or retain about 6,400 U.S. jobs.

The UAW had said Saginaw would get 255 jobs after an investment of $215 million toward casting for a new engine. The work was originally slated for Mexico, the UAW said last month when it was promoting the new labor agreement with GM.

That would be at Saginaw Grey Iron I would assume.   Great news but a drop in the bucket compared to the jobs lost there since the 1970s.  Yet a step in the right direction.  My grandfathers both worked there, all my uncles, my father, brother and many cousins…for my generation we missed out for the most part as that plant was shedding jobs at an alarming rate rather than adding any at that time.  My brother was lucky to get in but then took a buyout and moved to Florida as his job was being eliminated.

http://www.freep.com/article/20111026/BUSINESS0101/111026059/