Auto/Economy
4:19 pm
Mon May 9, 2011

GM to add 250-400 jobs to Toledo factory

A General Motors transmission factory will be adding 250 to 400 jobs, according to a union official quoted by the Associated Press.

The announcement will be made by CEO Dan Akerson and UAW Vice President Joe Ashton.

The AP reports:

A union official says General Motors plans to add 250 to 400 jobs at its transmission factory in Toledo, Ohio.

Local union President Ray Wood says GM will invest $260 million to build fuel-efficient, eight-speed automatic transmissions in Toledo starting late next year.

CEO Dan Akerson and United Auto Workers Vice President Joe Ashton are scheduled to make the announcement...along with local and state elected officials.

Wood says the new hires would be paid $14 per hour. That's about half the wages of a veteran UAW worker.

The Toledo factory now employs about 1,600 workers. It makes truck and car transmissions including a six-speed automatic in the hot-selling Chevrolet Cruze compact car.

Messages were left seeking comment from GM officials on Monday.

The announcement was expected to come today, but looks like it might not happen until tomorrow.

Stay tuned.

-Brian Short, Michigan Radio Newsroom