General Motors says it will invest $220 million at two Ohio factories to build the next generation Chevrolet Cruze compact car.
The company said the investment in new equipment will preserve more than 5,000 jobs at factories in Lordstown, Ohio, near Youngstown, and Parma near Cleveland.
GM wouldn’t say when production of the new Cruze will start. The compact is GM’s second-best selling car with nearly 129,000 sold so far this year. The Lordstown factory complex has built 500,000 Cruzes since production began in September of 2010.
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