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In addition to the point of this not being to make money, more than half of this is loans, so is intended to be paid back. 1.5B is grants, so closer to $1M per
by mattmcknight 3y ago
In addition to the point of this not being to make money, more than half of this is loans, so is intended to be paid back. 1.5B is grants, so closer to $1M per manufacturing job in your framing.
The other economic benefit is moving one part of the supply chain here may enable more of the supply chain to be completed here. For some of the hardware companies I work with, if you have to make a few parts in China, it's vastly cheaper and more flexible to do the whole assembly there.