Page 7 - Engine Plant News Today

Executive chairman so big changes. that could explain why he wasnt at the china dinner last night for president hu but maybe he wasnt invited. maybe they were all busy with this stuff. a lot more of that on fox business later. general motors is spending more than half a billion to upgrade an engine plant creating up to 1,000 jobs but the problem is in mex coe spending -- in mexico. >> if you cannot catch them, ought it them tracking down illegal and the immigration department is is opening a new...

Hes going to get there. the president has summit meetings lasting into the evening along with one-on-one talks with the leaders of india and japan. and a news conference before returning to the white house late this evening. gregg? >> wendell goler live in toronto. thank you. >> well, fox news has remained on the job hunt for you. general motors investing millions of dollars at a new engine plant in buffalo, new york, just one year after the auto giant was on financial life support from the fede...

Finally report on a positive economic story and this is a really good one. general motors has invested over $800 million in a new york engine plant in buffalo for a new line of ecofriendly engines as well as a new v-8 line. 300 workers who had been laid off when times werent so good at g.m. are going to be brought back in to help get these motors running in about 400 brand new employees are going to be hired as well. >> a year ago, the company was in bankruptcy, these workers did not know whethe...

Investing millions of dollars in an engine plant in buffalo, new york. it was just a year ago, gp went bankrupt. -- gm went bankrupt and had to be bailed out by the federal government and now they are coming back to life, oh, yes, making the first quarterly profit during the beginning of the year since 2007, sales in the u.s. up almost 17%, compared to last year. and, last month, gm sold more than 220,000 vehicles. peter doocy live in our new york newsroom with more good news about gm. hi, peter...

Judge me by that. >> shannon: certainly to be a top issue. stewart thank you very much and we apologize to pete, we lost him. but we thank you both for the debate. >> thank you. >> shannon: it seems gm is roaring back to work with a brand-new engine. they were plunging head long toward bankruptcy during the financial crisis. but now a gm plant is hiring hundreds of people to build a new generation of engines. peter doocy is going on the john hunt to check it out. are these jobs for real? >> thes...

Its a brand new week, and with the fiscal cliff just 22 days away, the president is on the move heading to michigan to rally autoworkers support for higher taxes on the wealthy and greater investment in u.s. manufacturing. the president traveled to a suburb of detroit touring an engine plant thats announcing a $100 million expansion in production and jobs. and even as the president touted that economic bright spot, he renewed his case to extend tax cuts for 98% of americans that are due to expir...