DETROIT -- 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 on Monday, 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.
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