Economic Development Futures Journal

Wednesday, December 01, 2004

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Michigan Sweetens Bid for GM Expansion Project

The State of Michigan is offering $28 million in incentives to General Motors Corp. to encourage the company to invest $448 million in two plants, retaining 3,200 jobs and creating 350.
GM can collect the single business tax credits if it commits to a $300-million expansion of the Flint Engine South plant and a $148 million investment at the Flint Truck Assembly plant.
The engine plant expansion would create 350 news jobs to build a V-6 engine. Read more here.

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