Money probably came from the Democrat infrastructure bill, but I bet it will never be recovered.

https://justthenews.com/govern..._campaign=newsletter

A Michigan battery plant project tied to China-linked Gotion is no longer moving forward after the state found the company was in default in its agreement.

The Michigan Economic Development Corporation, which initially approved pumping $175 million into the project, released a letter Thursday announcing its plan to pull out of the project over the company’s default.

“This is not the outcome we hoped for,” the Michigan Economic Development Corporation said in a statement.

Officials said the state of Michigan will pursue $23.6 million repayment of money it spent on the land slated for the factory.

The Gotion battery plant deal came under scrutiny from locals almost immediately after it was announced publicly in September 2022. Locals were worried for several reasons, citing the environmental impacts and disruption to their community. But one of the most important and controversial reasons was Gotion’s ties to China, and specifically the Chinese Communist Party, Just the News previously reported.

While the deal’s critics celebrated the end of the project, they believe the state and Democat Gretchen Whitmer should never have approved it in the first place.

“What did Governor Gretchen Whitmer and the MEDC expect when they collaborated in a ‘deal’ with a company that is deeply tied to the Chinese Communist Party, who is engaged in unrestricted warfare against the United States of America?” Joseph Cella, Michigan-China Economic and Security Review Group Director, said in a statement.

“This was a textbook subnational incursion and influence operation. You don’t subsidize these things, you stop them,” Cella added.

Despite previous claims to the contrary by company executives, Gotion admitted in a Foreign Agents Registration Act (FARA) filing that the company is “partially subsidized through government funding supplied by the People's Republic of China.”

Previous reports show that Gotion is wholly owned by its parent company, Gotion High-tech Co., which participated in programs designed to acquire military technology for China and employs at least 923 Chinese Communist Party members.

Way to go, Big Gretch.

With subsidies and ‘green money’ drying up to promote these ventures I think there’s more to come.

With oil hovering near $60 many ‘alternatives’ don’t work financially.

So often $$ is lost, pilfered by those with connections. Seems there were a few battery plants in Michigan.

https://www.michigan.gov/forme...ant-in-west-michigan

My lib friends on the MachEforum are going to lose their minds.

There are some true believers, save the planet crazies on there.

Somehow I’m sure they will blame President Trump for this…

Save the planet? This phrase always brings to mind the comedy bit from George Carlin. Which in turn begs the question are we worth saving? If we are, is the planet really the challenge or is it something else that will be experienced in an exponentially close time frame? Let's say we "save the planet" but then what's the next problem? If the population increases exponentially, when we will run out of resources to subsist? Food. Water. Air. Energy. Even with a perfect and "saved planet", where will enough food, water, air, energy be sourced.....

This is an excellent update. I’m 100% opposed to anything associated with China and I’m 100% opposed to electric vehicles. This is a win/win!

quote:

Officials said the state of Michigan will pursue $23.6 million repayment of money it spent on the land slated for the factory.

Too bad, so sad. Not.

quote:

Officials said the state of Michigan will pursue $23.6 million repayment of money it spent on the land slated for the factory.

Sure it will. Sure.

couldn't have happened to a nicer bunch

go team

The folks in Big Rapids are rejoicing, as usual the tax payers get screwed.

I wonder what percentage the graft was out of the original $175M? You know buying 30,000 copies of a politicians ghost written biography, hiring spouses/children/siblings of politicians, and Bitcoin.

quote:

Originally posted by Lt CHEG:
This is an excellent update. I’m 100% opposed to anything associated with China and I’m 100% opposed to electric vehicles. This is a win/win!

I am 100% opposed to anything Whitmer is backing or in favor of.
Rod

I'm still unclear why the current democrats are trying to put new factories in relatively remote and undeveloped areas.

They could have spent pennies in Flint, Saginaw, Detroit, Bay City, or any of the other locations with an already existing infrastructure and crumbling factory. Yes, it costs more to demo and upgrade than the land is worth, but the economic impact to Michigan is gigantic. Bring jobs and revive towns that are democrat strongholds and actually improve the lives of the most impacted of your constituency and clean up the cities and reclaim all that waste vs. building out in the country and importing more workers....

Oh, nevermind, I get it.

Not too surprising. Whitless and her merry band of clowns have done inconceivable harm to this state. Everyone should say a prayer that she never sees the inside of an office in D.C.