GM plant closing not expected to stall Detroit's rebound

Photo: General Motors
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DETROIT (AP) - General Motors' planned shutdown of its Detroit-Hamtramck plant would leave only one auto assembly factory in the city known for "putting America on wheels," but the closure and job losses are not expected to stall-out Detroit's comeback since its 2014 bankruptcy exit.

A more tech-driven and medical industry economy is moving Detroit further from a reliance on manufacturing.

GM wants to close four facilities in the United States and one in Canada. About 1,500 people work at the Detroit-Hamtramck plant.

Fiat-Chrysler also has an assembly plant in Detroit and is expected to open a second smaller one nearby for the 2021 model year.

Ned Staebler, CEO of small business incubator TechTown, says "manufacturing is now a tech industry - you don't have to hire as many people to make as much stuff."

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