State approves tax credits for GM, Ford battery research

Courtesy metromode - Job News  Wed, 02/18/2009 - 18:00

The car batteries of the future will be made where the automobile was first perfected, right here in Metro Detroit.

State officials have approved tax incentives that will allow General Motors and Ford to develop and build lithium-ion batteries here in Metro Detroit.

The two corporate behemoths will invest tens of millions of dollars and create hundreds of jobs thanks to $61.8 million in tax incentives.

Ford received $55 million in tax incentives to advanced battery and electrical vehicle development...

Tags:

 

Related items

GM opens new advanced battery lab in Warren
It looks like the consolation prize could turn into a very good thing for Warren. The inner-ring suburb wasn't successful in luring General Motors headquarters away from Detroit to GM's Tech...

Metro Detroit lands 2 of 4 new lithium ion battery...
Two lithium ion battery manufacturers with offices in Metro Detroit plan to build two advanced automotive battery factories in Michigan. Exact locations are still unknown, but LG Chem-Compact...

Compact Power expands Troy offices to accommodate...
The lithium-ion battery impact is already starting to be felt in Metro Detroit.Compact Power, which helps develop the lithium-ion battery for the Chevrolet Volt, took over an adjacent...

CCENT/CCNA ICND1 Official Exam Certification Guide,...
CCENT/CCNA ICND1 Official Exam Certification Guide Second Edition   Master ICND1 640-822 exam topics with the official study guide Assess your knowledge with chapter-opening quizzes Review...

The Unwritten Rules of the Highly Effective Job...
The Proven Program Used by 600,000 Job Hunters! You put hours and hours of hard work into your job search and the companies you've contacted never call. It's a story all too common in the...


 

Post new comment

The content of this field is kept private and will not be shown publicly.
money-employment.marc8.com