Saturday, July 18, 2009

Will Small Be Beautiful for GM?

Will Small Be Beautiful for GM?
"once it was clear that GM planned to build compacts somewhere in the U.S. a bidding war broke out between Michigan, Tennessee and Wisconsin -- all of which had GM plants slated to be closed.
Michigan won by giving away the store.
The Orion plant will get $1 billion in tax incentives and job training grants from the state, which will pay for the $800 million GM will spend on retooling."

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