A Michigan electric vehicle battery company that pocketed $900,000 from taxpayers six years ago will keep the cash without penalty as it moves production and 188 jobs to South Carolina.
Akasol. Inc., a subsidiary of BorgWarner, will lay off a total of 188 workers when it closes two separate plants in Hazel Park and Warren on April 14, to shift production of lithium-ion batteries south to enable the company to “grow above market,” the company said in a statement to the Detroit Free Press.
thepopulisttimes.com/gretchen-whitmer-gave-900k-to-ev-battery-maker-now-its-moving-to-south-carolina-and-keeping-our-money/Akasol was approved in 2019 for a $2.24 million Michigan Business Development Program grant to build a $40 million manufacturing facility and create 224 jobs, but the taxpayer funding was later amended to $900,000 when the plan was scaled down to 90 jobs, MLive reports. Akasol fulfilled its agreement by maintaining the 90 jobs through 2023, which means the company can keep the incentives while it abandons its Michigan operations.
It's a shame that the Governor of the state that used to boast being the "Automobile Capitol Of The World" would throw, and waste, money at battery powered vehicles when we make perfectly great vehicles that use internal combustion engines.
I have it from a very good source, someone on her staff, that a run for President is being looked at very closely. Lets see if some of her "decision making" undergoes changes between now and 2026.