Plant that got $150M in taxpayer money to make Volt batteries furloughs workers — before a single battery has been produced!
'Workers at the Compact Power manufacturing facilities in Holland, Mich., run by LG Chem, have been placed on rotating furloughs, working only 3 weeks per month based on lack of demand for lithium-ion cells. The facility, which was opened in July 2010 with a groundbreaking attended by Obama, has yet to produce a single battery for the Chevrolet Volt, the troubled electric car from GM. The plant's batteries also were intended to be used in Ford's electric Focus.'
By: Marc Morano - Climate DepotOctober 9, 2012 12:34 PM
Fox News Excerpt: The 650,000-square-foot, $300 million facility was slated to produce 15,000 batteries per year, while creating hundreds of new jobs. But to date, only 200 workers are employed at the plant by by the South Korean company. Batteries for the Chevy Volts that have been produced have been made by an LG plant in South Korea.
The factory was partly funded by a $150 million grant from the U.S. Department of Energy. LG also received sizeable tax breaks from the local government, saving nearly $50 million in property taxes over 15 years and another $2.5 million annually in business taxes. Landing the factory was hailed as a coup when shovels first hit the ground.
“You are leading the way in showing how manufacturing jobs are coming right back here to the United States of America,” Obama told workers at the ground-breaking ceremony. “Our goal has never been to create a government program, but rather to unleash private-sector growth. And we’re seeing results.”
Recent Articles
- Media’s claim that Lake Mead is shrinking due to ‘climate change’ DEBUNKED
- Flashback 2007: Inhofe Spokesman Morano: ‘CO2 is not an air pollutant and should not be treated as one’
- All Eyes on SCOTUS: Supreme Court to Issue Climate Endangerment Finding Ruling – To Decide if EPA has authority to regulate CO2 or Congress
- IEA: Europe Will Have To Cut Gas Usage By Nearly One-Third – Germany warns ‘gas is a scarce asset’
- We’re saved! Biden’s Interior Dept Planning to Phase Out Single-Use Plastic on Federal Lands by 2032
- Lab-Grown Meat: Investors Love It, But Scientists Question Safety
- Macron to Biden, maybe: Drill, baby, drill!
- Biden Energy Sec. Granholm triples down on ‘green’ as ‘the only way out’ of high gas prices
- Biden administration report shows massive fossil fuel industry job losses
- Since 1883, ‘the administrative state…has designed policy, made policy, structured policy, implemented policy, & interpreted policy while operating outside the control of Congress, president, & judiciary’
- Physicist: Why There’s No Need to Panic about Methane in the Atmosphere
- Physicist: No Convincing Evidence That Cleaner Air Causes More Hurricanes
- POLITICO: ‘America’s climate push is in peril’ – ‘Stalled climate action all but guarantees the U.S. won’t do its part to meet goals of 2015 UN Paris climate accords’
- Hurricane risk is real for offshore wind
- Study: Sea level rise due to land subsidence caused by groundwater extraction — NOT global warming
- Climate Science Establishment Finally Admits Some Models Run Too Hot
- Soaring Global Coal Use Is Obliterating Emission Reductions Achieved in the U.S. Since 2005
- Biden is Band-Aiding Again: This Time With a Gasoline Tax Holiday
- Meteorologist Dr. Ryan Maue: ‘There is no global trend in the number of tropical storms or hurricanes during the past 50+ years’
- We have to get rid of the 1930s EPA heatwave records! Warmist Prof. Andrew Dessler tries to erase 1930s heatwaves