Feasible tax credits for Muskegon Township battery plant
Governor Jennifer Granholm signed Wednesday a new law that tax credits will allow for a German battery company planning Muskegon County’s largest project to create jobs for decades.
The critical $ 100 million battery-tax credit for a Dell XPS M1330 battery,Dell XPS M1530 battery , Dell XPS M170 battery planned facility in Muskegon Township. Fortu PowerCell GmbH Karlsruhe, Germany, is planning a 600 million U.S. dollars, 745-employee car plant in an industrial estate developed by Bayer CropScience in 1740 in Whitehall.
The next step is a meeting of the Michigan Economic Growth Authority board effectively awarding the credit. Local officials assume that to come either later this month or in February.
“We are still cautiously optimistic ahead with this,” said David Fisher, the town’s director of planning and economic development.
If all goes well for the project, “Fisher said, is his understanding that fortu, a small group of people as quickly as rent assistance from the State package that is capable of moving into an existing building on the Bayer site.
Local officials said that the first phase of construction of a 100,000 square foot building GK479 ， KD476 ， TD347 would begin in 2011, is built with a million-square-foot building in 2013, “Fisher said.
The plant would be the batteries for North American Studies electric and hybrid vehicles.
Fortu claims he has “breakthrough” technology to the vehicle batteries safer, cheaper and longer lasting.