GM Invests $170 Million to Save 300 Jobs in Oshawa

Daniel Fowler
May 10, 2019

"Am I more comfortable that at least we made something out of a bad situation?"

The new business will retain 300 Oshawa jobs with the potential to grow and generate significant additional jobs in the coming years, as the business attracts new customers.

"The agreement maximizes support for our people and their families, and further secures Oshawa as a key in developing vehicles of the future at our new test track", said GM Canada President and Managing Director Travis Hester. General Motors plant as the company invests $170 million to transform the facility.

In November, GM announced plans to close the plant by the end of 2019, affecting nearly 2,600 workers. "I will suggest that instead of us facing a hard closure in December of this year ... we have an understanding between the parties of a long-term commitment". "The answer is no", said Dias.

"I think it's pretty rich now that the government's celebrating this when had they been at the table from day one on the side of the workers and on the side of Oshawa and on the side of maintaining those good auto jobs, we wouldn't see 2,200 jobs leaving the province", Horwath said.

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"Now as we've noted over the past months, about 50 per cent of our hourly employees will be eligible for their GM retirement pension later this year, and we will offer enhanced retirement packages to approximately 1,300 of these employees", said Hester. A "Jobs Action Centre" will open in June.

Ontario's Minister of Economic Development, Job Creation and Trade, Todd Smith, welcomed the news.

"We are glad this historic site will continue to be a hub for vehicle parts manufacturing, technological innovation and regional economic growth", Smith said in a statement.

Supported by GM, Unifor and the Ontario government, the Jobs Action Centre will help match employee skills with new employers' requirements. The company says the move is expected to save 300 of the 2,600 jobs that will be affected by the ceasing of vehicle production at the facility by the end of 2019.

The union head also had words of praise for the federal government.

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