Michigan Gives Ford Site Another $65M a Day After Pausing Construction

The Center Square YT

The Center Square YT

October 2nd, 2023

DESCRIPTION
A day after Ford Motor Co. said it would pause construction on its $3.5 billion Marshall electric vehicle battery plant subsidized by $1.7 billion, the state of Michigan allocated the site another $65 million. The Michigan Strategic Fund approved a $65 million Strategic Site Readiness Program Grant to the Marshall Area Economic Development Alliance for land acquisition, site studies and water and wastewater upgrades. On top of that, lawmakers approved $750 million for site readiness.
The Center Square YT

Never miss a video from The Center Square YT

Subscribe to get notified when new content drops.