4 ms·
I found the news where the state gave GM money for the new battery plant in Lansing: https://www.bridgemi.com/michigan-government/michigan-legislature-passes-1b
by rmason 4y ago
I found the news where the state gave GM money for the new battery plant in Lansing:
https://www.bridgemi.com/michigan-government/michigan-legislature-passes-1b-incentive-plan-big-projects-gm https://www.bridgemi.com/michigan-government/michigan-legisl...
But they also gave them close to that for an additional plant down by Detroit.
Also we just learned that when GM went bankrupt in 2009 and the federal government bailed them out that the state of Michigan gave them $3.8 billion although the news was never made public. It took 13 years for this to be made public so you have to wonder what other deals are still private.
https://www.michiganradio.org/economy/2022-07-06/michigan-gave-gm-a-3-8-billion-tax-credit-cap-in-2009-the-company-reveals https://www.michiganradio.org/economy/2022-07-06/michigan-ga...