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We here in Ohio love our Ford plants. We've got 'em all over the place - in Cleveland, in Toledo, in Cincinnati... wait. Scratch those last two, as the Way Forward plan counts among its victims a stamping plant in Maumee near Toledo and a transmission plant in Batavia near Cinci. Ohio Governor Bob Taft and his Lt. Gov., however, have just offered Ford Motor Company a package worth $15.7 million in incentives to keep the Maumee plant open, however. Ford has graciously said it will review the offer, but Anne Marie Gattari, a Ford spokewoman, has already told the Detroit News that a turnaround plan unfortunately requires the idling of some plants, "and we don't expect that to change." Sorry Maumee, not even the great-grandson of William Howard Taft himself can save your stamping plant now.

[Source: The Detroit News]

Ohio offering the farm for Ford to stay originally appeared on Autoblog on Sun, 05 Nov 2006 09:08:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Bob TaftBobTaftfordMaumeeOhiostamping plantStampingPlantway forwardWayForwardSun, 05 Nov 2006 09:08:00 EST http://www.autoblog.com/feed/696441/article-comments.xml http://www.autoblog.com/feed/2006/11/05/ohio-offering-the-farm-for-ford-to-stay/696441/article-detail.xml 696441 http://www.blogcdn.com/www.autoblog.com/media/2006/11/maumeeplant_thumbnail.jpg http://www.blogcdn.com/www.autoblog.com/media/2006/11/maumeeplant.jpg <![CDATA[U.S. Supreme Court rules in favor of DCX on Ohio tax incentives]]>http://www.autoblog.com/2006/05/16/u-s-supreme-court-rules-in-favor-of-dcx-on-ohio-tax-incentives/http://www.autoblog.com/2006/05/16/u-s-supreme-court-rules-in-favor-of-dcx-on-ohio-tax-incentives/http://www.autoblog.com/2006/05/16/u-s-supreme-court-rules-in-favor-of-dcx-on-ohio-tax-incentives/#commentsFiled under: ,

Yesterday the U.S. Supreme Court overturned a decision by the Sixth U.S. Circuit Court of Appeals that ruled the state of Ohio's decision to use tax incentives to attract DaimlerChrysler's business was unconstitutional. Ohio had granted DCX an investment tax credit after the company decided to build its Toledo North Assembly plant in the state but a "taxpayer group" headed by who else but Ralph Nader challenged it. DCX sees the ruling as a victory for America that will help keep investment and jobs within our borders in an increasingly competitive global market.

A statement made by Ohio government Bob Taft reveals that the tax in question levied against an incoming company's machinery and equipment is no longer in effect anyway, though the Supreme Court's ruling means Ohio will be able to honor the incentives it had offered other companies in return for their investment in the state.

[Source: DaimlerChrysler]

U.S. Supreme Court rules in favor of DCX on Ohio tax incentives originally appeared on Autoblog on Tue, 16 May 2006 09:34:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Bob TaftBobTaftOhioRalph NaderRalphNaderrulingSupreme CourtSupremeCourttax incentivesTaxIncentivesunconstitutionalTue, 16 May 2006 09:34:00 EST http://www.autoblog.com/feed/618714/article-comments.xml http://www.autoblog.com/feed/2006/05/16/u-s-supreme-court-rules-in-favor-of-dcx-on-ohio-tax-incentives/618714/article-detail.xml 618714 http://www.autoblog.com/media/2006/05/20060117-Supreme-Court_thumbnail.jpg http://www.autoblog.com/media/2006/05/20060117-Supreme-Court.jpg -1 2