The United Auto Workers planned an indefinite deal with General Motors which included the closure of three U.S. plants and also a large assembly plant in Lordstown.
The plants included two transformer operations in Michigan and Maryland, which had been allocated in November to end the production during this year, but the Detroit automaker had to agree on the closures as a part of bond negotiations with the union.
As formerly reported by CNBC a fourth plant in Detroit that was also contracted for closure, will be allowed to build a new all-electric pickup for the automaker, if the agreement is approved. The accumulation plant is still contracted to end the production of the Cadillac CT6 and Chevrolet Impala by the month of January.
GM stated in a statement that devoted to future investment and job growth in Ohio. It was told to the union by the company that it would bring battery cell production to Mahoning Valley.
According to the plans of GM, it would build about 1,000 manufacturing jobs, and include the sale of Lordstown to Lordstown Motors Corp., a new company planned to build electric pickups for financial rapid customers. GM said that the company plans to initially create 400 jobs.
GM, according to a person familiar with the negotiations, is normal to invest $9 billion in manufacturing operations as a part of the deal, including the battery cell production. The UAW did not confess the total habitual asset in the deal that was released on Thursday.
The local union leaders and UAW members still must accept the deal, which might end the union’s 32-day strike against the company. On Thursday the 200 local union leaders are meeting in Detroit to vote on the expected deal and also decide whether workers will return to work during an expected week.