The company will move 450 jobs from GM supplier plants in Mexico back to the U.S., and will keep another 1,500 factory jobs in the U.S. that were at risk of moving to Mexico. Last week, Amazon (AMZN, Tech30), a frequent target of Trump criticism, announced it add 100,000 U.S. jobs. Lockheed Martin (LMT), which, like Ford, had been criticized by Trump, announced Friday it would add 1,800 jobs to its F-35 fighter program. The company recently announced layoffs at three U.S. plants, eliminating three shifts and about 3,300 jobs, because of slowing sales. But in its 2015 labor deal with the United Auto Workers union, GM (GM) committed to $1.9 billion in additional investment in U.S. plants as a form of job protection for the union's membership.

Source: CNN January 17, 2017 13:37 UTC