Michigan Gives Ford Site Another $65M a Day After Pausing Construction
A day after Ford Motor Co. said it would pause construction on its $3.5 billion Marshall electric vehicle battery plant subsidized by $1.7 billion, the state of Michigan allocated the site another $65 million. The Michigan Strategic Fund approved a $65 million Strategic Site Readiness Program Grant to the Marshall Area Economic Development Alliance for land acquisition, site studies and water and wastewater upgrades. On top of that, lawmakers approved $750 million for site readiness. --- Support this podcast: https://podcasters.spotify.com/pod/show/michigan-in-focus/support
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Show Notes
A day after Ford Motor Co. said it would pause construction on its $3.5 billion Marshall electric vehicle battery plant subsidized by $1.7 billion, the state of Michigan allocated the site another $65 million. The Michigan Strategic Fund approved a $65 million Strategic Site Readiness Program Grant to the Marshall Area Economic Development Alliance for land acquisition, site studies and water and wastewater upgrades. On top of that, lawmakers approved $750 million for site readiness.
Support this podcast: https://podcasters.spotify.com/pod/show/michigan-in-focus/support
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