The General Motors announcement that the company will invest $380 million to expand the Wentzville Assembly Plant, add at least 1,260 new jobs and in the near future expand the present line with a second shift of 400 workers, is all great news for the St. Charles County region. The expansion will produce the mid-sized Chevrolet Colorado pickup truck while the second shift will support demand for the Chevy Express and GMC Savanna.
This commitment to our area and our residents is just what we need to make our way back to economic and housing stability. Jobs and housing are the keys to economic revival; without one we don’t have the other.
Who will be affected by this decision? Just about everyone. Laid off workers will return to their jobs, new workers will be trained and hired. Local construction companies will benefit from building the new expansion, parts suppliers will be kept busy producing and will hire new workers. The housing market will get a huge boost. Along with stable jobs comes the ability to buy a home in our community.
Our public institutions will also benefit—with the infusion of new jobs and business expansion come more tax revenue to help cities balance their budgets, improve public services and take on new projects. School districts are winners too. More taxes may prevent the elimination of vital educational programs and could bring back more teachers.
Local restaurants, grocery stores, bars, retail stores, your favorite gas station always experience the financial benefits of a huge expansion like the Wentzville plant.
The next two years will be the most exciting and positive experience we’ve had in a long time. And, we’re ready to showcase the best homes available in the St. Charles area!