GM: Chevy Volt will bring 550 jobs to Detroit
Construction of the Chevrolet Volt electric car would bring 550 jobs to the city, General Motors Corp. officials told a Detroit City Council committee today.
General Motors is seeking a $136 million tax abatement over 25 years to build the car at the Detroit/Hamtramck Assembly Plant.
“It’s important because it introduces new technology for General Motors,” said Blake Watkins, tax abatement manager for Detroit’s Planning and Development division. “The electric car is very big to their existence.
“We will be evolving this technology here involving the residents of the city of Detroit…. and moving GM’s technology forward, at the same time moving the city of Detroit forward,” Watkins said GM has proposed $336 million investment into the plant to build the car. The plant currently employs 1,944, he said.
GM officials made their presentation to the city council Planning and Economic Development Committee. Only two members, Kwame Kenyatta and Barbara-Rose Collins, were at the meeting, and both seemed receptive to the abatement idea.