GM to invest $270 million in Argentine factory: government

BUENOS AIRES Mon Jul 7, 2014 5:53pm EDT

The General Motors logo is seen outside its headquarters at the Renaissance Center in Detroit, Michigan in this file photograph taken August 25, 2009.  REUTERS/Jeff Kowalsky/Files

The General Motors logo is seen outside its headquarters at the Renaissance Center in Detroit, Michigan in this file photograph taken August 25, 2009.

Credit: Reuters/Jeff Kowalsky/Files

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BUENOS AIRES (Reuters) - General Motors Co (GM.N) will invest $270 million to build a factory to produce aluminum motors in the Argentine province of Santa Fe, the government said on Monday.

The factory, expected to produce 90,000 motors a year, will begin operations in early 2017, the government said in a statement.

(Reporting by Eliana Raszweski; editing by Matthew Lewis)

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