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© Reuters. FILE PHOTO: The brand new GM emblem is seen on the facade of the Common Motors headquarters in Detroit, Michigan, U.S., March 16, 2021.REUTERS/Rebecca Prepare dinner/File PhotographWASHINGTON/DETROIT (Reuters) – Common Motors (NYSE:) and a three way partnership with LG Power Resolution are to set announce investments of greater than $6.5 billion subsequent week in Michigan, in response to a state doc and sources briefed on the matter.
The Michigan Strategic Fund stated Friday it plans to think about a Tuesday board assembly GM’s and the three way partnership’s plans to take a position $6.5 billion and add 4,000 jobs at websites in Lansing and Orion Township.
Reuters reported in December GM had proposed constructing a $2.5 billion battery plant close to Lansing with LG Power Resolution. Reuters additionally reported GM was individually contemplating a $2 billion overhaul of its Orion Township to construct next-generation electrical automobiles.
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