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Subsidy Tracker Individual Entry

Company: General Motors
Parent Company: General Motors
Subsidy Source: state
Location: Michigan
City: Brownstown
Project Description: automotive lithium-ion battery plant
Year: 2009
Major Industry of Parent: motor vehicles
Specific Industry of Parent: motor vehicles
Subsidy Value: $166,800,000
Program Name: multiple
Awarding Agency: multiple
Type of Subsidy: 
MEGADEAL

Source of Data: The subsidy amount and breakdown came from an August 13, 2009 press release issued by the Michigan Economic Development Corporation; online at (click here)
Notes: The package consisted of $115 million in battery-pack tax credits; $45 million in vehicle-engineering credits; and another $6.8 million state tax credit. Overlap with main Subsidy Tracker data: a $115 million battery tax credit for 2009.
Source Notes: If an online information source is not working, check the Tracker inventory page for an updated link.