Via The Midwesterner:
A Michigan electric vehicle battery company that pocketed $900,000 from taxpayers six years ago will keep the cash without penalty as it moves production and 188 jobs to South Carolina.
It’s the latest example of Gov. Gretchen Whitmer’s flawed attempt to force Michigan residents into transitioning from internal combustion engine vehicles to electric-battery operated cars and trucks in which billions of taxpayer dollars have been used to subsidize a nascent industry.
Akasol. Inc., a subsidiary of BorgWarner, will lay off a total of 188 workers when it closes two separate plants in Hazel Park and Warren on April 14, to shift production of lithium-ion batteries south to enable the company to “grow above market,” the company said in a statement to the Detroit Free Press.
You can’t blame the company for taking the money Gretchen Whitmer offered, or for migrating to a more business-friendly state.
You can only blame Gretchen Whitmer and the lawmakers who vote for these corporate welfare subsidies and special interest deals.