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Wed April 21, 2010
GM Spends Big In KCK And Pays Off Government Loan
Kansas City, Mo. – Last summer General Motors was clinging to life, bankrupt, propped up only by a massive infusion of government cash. Wednesday, though, money was flowing the other way. The company announced that it's sinking a lot of cash into its Fairfax plant in Kansas City, Kansas. It also trumped the fact that it has repaid a massive federal government loan, way early. Those two announcements in Kansas City lead to some rare, bi-partisan praise for the auto industry relief plan.