Shouldn't the article say, GM takes tax money to support its customerless business division.
GM receives tax incentives to support potential $3.5 billion Indiana battery plant
GM receives tax incentives to support potential $3.5 billion Indiana battery plant
An Indiana county council on Tuesday evening approved tax incentives for a new $3.5 battery plant investment by GM and battery partner Samsung.
www.detroitnews.com
An Indiana county council on Tuesday evening approved tax incentives for a $3.5 billion battery plant investment by General Motors Co. and battery partner Samsung SDI.
The St. Joseph County Council unanimously approved a development agreement and tax abatements for the project that would be the largest seen in the area if the companies decide to select the northern Indiana site for GM's fourth battery cell plant.
In September, GM received approval for tax incentives with its other battery partner, LG Energy Solution, for a New Carlisle, Indiana, plant, but GM and LG halted their plans in January. Ultium Cells LLC, the joint venture between GM and LG, already operates a battery plant in Warren, Ohio, and is constructing two additional factories in Michigan's Delta Township and Spring Hill, Tennessee.
In a statement following council's approval, GM spokesperson Liz Winter said: " We appreciate the local support as the joint venture works to make a location decision."
The council's approval amends project-related documents to make General Motors LLC the owner of the proposed battery plant instead of Ultium Cells.
"Once we make the decision to make the investment, once we make a decision if we're going to invest here in St. Joseph County, we hope to start construction yet this year with a very aggressive timeline," GM Director of Local Government Relations John Blanchard told council.
When asked if GM expects the plant to last 25 years, Blanchard said he hopes "with the amount of investment and commitment that we've made" that this plant and other battery plants last longer than 25 years.
"We need battery capacity to be able to supply all of our electric vehicles," Blanchard said, adding the automaker is looking for battery plant sites five and six already.
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Maybe because the good people of East Central Indiana, particularly Anderson, realize that despite (or more accurately, because of) all the handouts that their local governments gave GM over the past seven decades, the company shuttered numerous facilities in the region, resulting in few direct GM employees remaining today. That's a "history" they would rather not revisit in the future.
And maybe they also recognize that GM's "customerless business division" is likely to transform those government handouts into something like this even faster than GM managed to do in the past:
Large parcels of land are for sale south of I-69 off Indiana-9. Direct rail access and yes Interstate access.
4-5 hours to Michigan Assembly plants plus a history of GM support.
Anderson still has a active UAW local.
region2b.uaw.org
4-5 hours to Michigan Assembly plants plus a history of GM support.
Anderson still has a active UAW local.
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