• Home
  • Blog
  • Android
  • Cars
  • Gadgets
  • Gaming
  • Internet
  • Mobile
  • Sci-Fi
Tech News, Magazine & Review WordPress Theme 2017
  • Home
  • Blog
  • Android
  • Cars
  • Gadgets
  • Gaming
  • Internet
  • Mobile
  • Sci-Fi
No Result
View All Result
  • Home
  • Blog
  • Android
  • Cars
  • Gadgets
  • Gaming
  • Internet
  • Mobile
  • Sci-Fi
No Result
View All Result
Blog - Creative Collaboration
No Result
View All Result
Home Cars

GM wins tax break from Detroit suburb for $1.3 billion plant expansion for EVs, batteries

January 19, 2022
Share on FacebookShare on Twitter

The Orion plant, which opened in 1983, has a workforce of 1,029 hourly and 152 salary employees.

The Orion Township board’s move comes as Gov. Gretchen Whitmer’s administration and the Michigan Economic Development Corp. have been chasing GM’s planned investment in two new battery-manufacturing plants.

In December, the Michigan Legislature raced a new $1 billion tax incentives fund — paid for with federal stimulus funds — to Whitmer’s desk for her speedy signature before Christmas.

The fund was pitched by some lawmakers as critical to winning GM’s next battery plant. The automaker has previously announced plans to build EV battery plants in Lordstown, Ohio, and Spring Hill, Tenn.

The Michigan Strategic Fund board, which next meets Tuesday, is the state entity empowered to award cash incentives from the new $1 billion fund.

In December, the Lansing City Council quickly endorsed tax breaks for GM to subsidize the construction of a $2.5 billion EV battery plant adjacent to the automaker’s Delta Township assembly plant west of Lansing.

The capital city’s council unanimously approved resolutions that would establish a Renaissance Zone on a 529-acre tract of land, making it mostly property tax-free for 18 years. For tax purposes, the land would be annexed into the city of Lansing through an agreement with Delta Township, officials said.

Lansing’s city-owned utility, Lansing Board of Water & Light, later approved special electricity rates for the potential battery plant.

GM has not made a final decision on either project, company spokesman Daniel Flores said Tuesday.

“GM sincerely appreciates the support the Orion Township Board of Trustees showed by approving our tax abatement application this evening,” Flores said in a statement.

“Securing all available tax incentives plays a critical role in any business case moving forward. Approving our tax incentive application is certainly a positive step forward, however, the proposed project is not approved. I’m not going to speculate on GM leadership making a final determination on the business case under development.”

Next Post

There Are Some Cheap Curved Gaming Monitors at Dell Today

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

No Result
View All Result

Recent Posts

  • Save On Xbox Controller Deals During Amazon's Spring Sale
  • Best Amazon Spring Sale portable power station deals 2026: Anker, Bluetti, and Jackery
  • Galaxy S26 who? The Pixel 10 is back down to one of its lowest prices since launch
  • Reddit officially addresses bot problems, ID verification stance
  • Dropout’s ‘Dimension 20: City Council of Darkness’ trailer has Brennan Lee Mulligan going vampire

Recent Comments

    No Result
    View All Result

    Categories

    • Android
    • Cars
    • Gadgets
    • Gaming
    • Internet
    • Mobile
    • Sci-Fi
    • Home
    • Shop
    • Privacy Policy
    • Terms and Conditions

    © CC Startup, Powered by Creative Collaboration. © 2020 Creative Collaboration, LLC. All Rights Reserved.

    No Result
    View All Result
    • Home
    • Blog
    • Android
    • Cars
    • Gadgets
    • Gaming
    • Internet
    • Mobile
    • Sci-Fi

    © CC Startup, Powered by Creative Collaboration. © 2020 Creative Collaboration, LLC. All Rights Reserved.

    Get more stuff like this
    in your inbox

    Subscribe to our mailing list and get interesting stuff and updates to your email inbox.

    Thank you for subscribing.

    Something went wrong.

    We respect your privacy and take protecting it seriously