General Motors and the largest union representing Canada’s auto workers have reached a deal to partly rescue an auto plant in Ontario slated to close this year by converting it to a parts-stamping facility.
The plan would help save some union jobs at GM’s Oshawa car-making plant, even though the operations would be scaled down and it will no longer produce cars, according to the Financial Post.
GM will invest $170 million to transition the plant to stamping, retaining 300 jobs.
Additionally, it will convert an area of the plant into a test track for automated vehicles.
In November, GM announced plans to close the plant by the end of 2019, affecting almost 2,600 workers.
(Financial Post)
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