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Elio Motors to set up shop in old Shreveport GM factory

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On Thursday, Gov. Bobby Jindal announced that Elio Motors plans to assemble new vehicles at the former General Motors Shreveport plant. Elio Motors Inc. plans to create 1,500 new direct jobs by late 2015 paying an average annual salary of $47,700, plus benefits, as well as make a capital investment in excess of $100 million.

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