2 Articles
1 / 1

Just two days ago, the State of Michigan announced it was extending its previously announced tax breaks and incentives to lure high-tech battery makers to the state to $555 million. It seems that the bait has been snatched up today as four separate battery companies have just announced plans to build new plants in Michigan. Each of the four companies are expected to be granted $100 million in state tax credits.

Michigan lawmakers are hoping that this week's announcement that General Motors will build a battery pack assembly facility in Michigan to support production of the Chevrolet Volt is just the beginning. Governor Jennifer Granholm signed a bill passed by the legislature that will provide up to $335 million in tax credits to companies that build R&D or manufacturing facilities in the state. The hope is to draw more high-tech jobs here and to ensure that American automakers are not totally reli

1 / 1
Share This Post

Michigan Battery Incentives Questions

There are no questions about this topic.
Be the first to ask!

From Our Partners