WASHINGTON: General Motors Co on Tuesday confirmed it will invest an additional $1 billion in its U.S. factories in 2017 and will move some parts production from Mexico to the United States that was previously handled by a supplier.The investments are in addition to the $2.9 billion the automaker announced last year, GM said. (http://bit.ly/2iJ9xw0)GM and other automakers have been sharply criticized by Republican U.S. President-elect Donald Trump for building vehicles in Mexico that are imported into the United States. Trump will be sworn in on Friday.GM said the $1 billion investment will create or retain 1,500 jobs. The Detroit automaker said details of individual projects will be announced throughout the year. 'BIG STUFF'Trump, who made bringing back manufacturing to the United States a large part of his successful election campaign, has been touting recent automaker investments in the United States.

Source: The Star January 18, 2017 00:26 UTC