GM invests in two plants

DETROIT – General Motors will invest $200 million in two Michigan plants to prepare for production of a yet-to-be-named new model.

The Orion assembly plant will receive $160 million for tooling and equipment, while GM will spend $40 million at the Pontiac Metal Center for new dies. Both facilities are located about 30 miles north of Detroit.

The investments will not create new jobs. Earlier this month GM said it will begin laying off up to 160 workers at the Orion assembly plant in January to balance production more closely with expected sales. The plant currently has about 1,900 hourly and salaried employees.