Michigan Working To Secure General Motors Battery Plant Investment14
Michigan governor Gretchen Whitmer and her administration are drafting new legislation that would set aside millions of dollars to help attract new manufacturing investment to the state – with General Motors the main target of this new economic development package.
According to The Detroit News, Whitmer’s office is determined to land one of General Motors’ two new battery manufacturing plants that it plans to build in the near future. With this effort, state officials are hoping to offset the effects of Ford’s decision to skip over its home state and build new electric vehicle and battery plants in Kentucky and Tennessee – investments that will total a sizable $11.4 billion.
State Sen. Ken Horn (R-Frankenmuth), who serves as the chairman of Michigan’s Senate Economic and Small Business Development Committee, told The Detroit News that state lawmakers want to create a new “development fund” that would give it more financial pull when trying to court investment from corporations. “We need to send a message to the whole economic development world that you can’t keep us off your spreadsheet anymore as you’re looking for new developments,” Horn told the newspaper.
In November, General Motors President Mark Reuss said the automaker’s home state is “of course,” in the running to receive one of its two new battery plants, although the automaker isn’t expected to make an announcement for another six months or so. Reuss said building a battery plant in Michigan would help reduce transportation costs when sending batteries to its assembly plants in the state, which include the automaker’s new Factory Zero EV plant in Detroit-Hamtramck.
“If you look at where our plants are, our regular assembly plants for electric vehicles, there’s a big component of transportation of cells and packs to put into cars that are built in our assembly plants,” Reuss said. “So we’d like to lessen that transportation cost. We’ll look at all states and all places that are interested in having it there, though; we will do that from a due diligence standpoint.”
Some lawmakers signed non-disclosure agreements barring them from discussing the details of one potential manufacturing project that could benefit from the new legislation, The Detroit News reports. As such, more details of the Michigan economic development package are expected to be released at a later date.
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The article said something about an 8nvetment at Orion. I don’t think there is enough room there for a battery plant however.
There’s a fair amount of land to the east side of the plant that GM may still own as I recall. It’s been a few years since I’ve been by there however.
They do have a fair amount of Land there. I see it every time I drive by.
I keep hearing Flint for the next EV truck factory, so I would assume it will be near Flint, as trucking batteries is expensive.
Donavan, you seem like somebody in the know about lot of things. Can or do you have any idea about how many almost made trucks and cars are still waiting for CHIPS??? We never hear about that any more.
Lol don’t inflate his head/ego anymore then it already is.
GM updates guidance on built shy vehicles when they report earnings. Should be early February for the next update.
Tax incentives to attract business investment happen in most countries.
Begging the taxpayer for a bailout then begging for more tax breaks on top of that.
Might as well be a homeless beggar with all the handouts GM gets.
Hopefully metro Detroit or flint.. metro Detroit has Warren, factory zero and Orion
Thanks, Donavan, for the info. about almost built stuff.
Again, I am happy to see the investments in domestic factories and jobs, but I hate to see GM putting all of their eggs in the EV basket to build vehicles that few people really want.
When gm goes bankrupt again Detroit will just go back to how it looks today. A burned out abandon dump.