GM To Close Mich. Stamping Plant, Cut 1,340 Jobs

By: Associated Press
By: Associated Press

DETROIT (AP) - General Motors Corp. says it will close its metal
stamping plant near Grand Rapids, Mich., by the end of 2009,
costing about 1,340 hourly jobs.
Workers at the 2-million-square-foot factory in the suburb of
Wyoming were notified Monday afternoon.
The move comes as GM tries to cut costs in the middle of a U.S.
sales slump and global financial crisis.
The automaker announced earlier Monday that it would end sport
utility vehicle production at its Janesville, Wis., factory in
December, which is earlier than previously announced. The plant
will close in mid-2009.
Janesville is one of four pickup truck and SUV factories that
the company said it will close. CEO Rick Wagoner said last month
that GM had to make corresponding factory adjustments, especially
in metal stamping.

(Copyright 2008 by The Associated Press. All Rights Reserved.)

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