GM To Invest Over $500 Million Into Four U.S. Plants

General Motors has announced that it will invest $552 million into four of its American plants.

More than half of that investment, $295.9 million to be exact, will be spent at the company's Tonawanda engine factory in New York. This investment will see the retention of 857 jobs and add 67 new positions at the facility.

The Parma Metal Center in Ohio will also receive $218 million in improvements for better presses, sub assemblies and dies while $31.86 million will be funneled towards components at the Lockport Components facility in New York. Last but not least, $5.9 million will be invested for components at the Rochester Components facility.

Speaking of the investments, vice president of GM North America manufacturing and labor relations, Cathy Clegg said: "GM remains committed to investing in its U.S. operations. With these latest projects we have announced investments of $2.2 billion in 2016, allowing us to support the production of future engines and vehicles."