Search for “lg chem”

… Systems renaissance zone award actually preceded one to the Korean firm LG Chem for a Holland plant, as reported in Michigan Capitol Confidential on July … $100 million "refundable" business tax credits for both A123 Systems and LG Chem.* "Refundable" means that the state will send the companies a check for … more

… A123 Systems, Dow Kokam, Johnson Controls and L.G. Chem. Nearly $600 million in federal money alone was … Articles also were done on the failed promises of LG Chem; the GOP reviving the subsidy program after vowing … bankruptcy in October 2012. ~~~~~ See also: LG Chem: A Look Back at the Failed Predictions MEDC Removes … more

… report to legislators, the Michigan Strategic Fund noted that it had approved funding for five companies: A123 Subsystems, Dow Kokam, fortu PowerCell, LG Chem and Johnson Controls-Saft. These subsidies helped land investments and short-term jobs, but at a massive cost. Within a few years, the deals were … more

… new industry.” Obama visited Holland last summer at the opening of a LG Chem advanced battery facility, which is also heavily subsidized with U.S. taxpayer … same promises. Following the President’s previous visit to Michigan to LG Chem, Mackinac Center legislative analyst Jack McHugh commented in Capitol Confidential … more

… new jobs. The state gave it millions, and the federal government approved $119 million. It laid off its staff and filed for bankruptcy in 2012. LG Chem: Granholm said the Holland-based company would help make Michigan “the world capital for advanced batteries” and offered it $125 million on top of … more