GM Profits could Ripple Out in Bowling Green

With General Motors posting a $7.6 billion profit last year, employees at the automaker's Bowling Green plant are also reaping a windfall as a part of the company's profit-sharing distributions.

Eldon Renaud, president of the United Auto Workers Local 2164, told The Daily News the money — about $7,000 per employee — is a tremendous boost for their morale.

Derek Hull, a certified financial planner with Wells Fargo, said the money for GM workers could have a ripple effect on the local community because those workers will start to spend the money on things like entertainment, dining, vacations and college expenses.

About 500 full-time workers and another 100 contract workers work in Bowling Green producing the GM's Corvette.