That is an investment in an existing plant in Ramos, Mexico. GM has been producing vehicles there for years. GM is not moving jobs from the U.S. to Mexico, the added investment is for the production of 2 new engines that were not previously produced anywhere.
Stories like this are sensationalized and serves to rile people up. I wonder why they didn’t publish the story about GM re-opening its Orion, MI plant to build the new Chevrolet Sonic, and the additional $145 mil. they invested for additional tooling to build the new Buick Verano there as well. That plant will put 1,500 Americans to work, 1,100 of whom had been laid off. Or, what about the $43 mil. GM invested in the new plant in Brownstown Township, MI that will build the battery for the new Chevy Volt and future electric vehicles? It will only employ 100 right now, but that is 100 more new U.S. jobs.
http://www.nytimes.com/2010/10/08/bu...ubcompact.html