PDA

View Full Version : A little bit of good news for Michigan



Invidosa
June 26th, 2009, 03:36 PM
From The Detroit Free Press (http://www.freep.com/article/20090626/BUSINESS01/90626050/1205/business0101/GM-chose-Orion-facility-for-tax-perks--stamping-plant):


GM chose Orion facility

The proximity of suppliers, a nearby stamping plant and tax abatements and incentives unmatched by Tennessee and Wisconsin enabled General Motors Corp. to select its Orion Township assembly plant to produce the next generation of its compact and subcompact cars.

In addition to saving 1,200 jobs at the assembly plant, where GM will invest between $600 million and $800 million, the automaker will reconfigure its Pontiac stamping plant where another 200 people will be needed to produce the body panels, and other metal components for two unnamed models that will be produced beginning in 2011.

it's not much, but every little bit helps :thumbsup:

memnoch
June 26th, 2009, 03:38 PM
glad to hear it...the rust belt needs all the jobs it can get right now.

WitchOfEndor
June 26th, 2009, 06:12 PM
Woo Hoo!! GE is bringing work to the Mitten as well & they're supposed to be really well paying. Nice to have some good news for a change :)

aranarose
June 26th, 2009, 06:21 PM
That is much needed news! Those 1200 saved jobs, and 200 additional jobs, will pump cash into an economy that has been dying for 3 decades.

Lunar Raven
June 26th, 2009, 06:31 PM
Whatever helps. Definitely sounds like good news for michigan!

watersprite
June 26th, 2009, 06:34 PM
That's EXCELLENT!
I am investing in alternative energy while the stocks are still reasonably priced.

memnoch
June 26th, 2009, 08:12 PM
That's EXCELLENT!
I am investing in alternative energy while the stocks are still reasonably priced.

thats like investing in beanie babies in my opinion, cute fad, but I don't expect much.

Cindlady2
June 27th, 2009, 04:41 AM
Good for you, bad for us. I have relatives in Janesville Wis. one of the sites in the running.