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Political BLOG |
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Joe Arnold
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Interesting article in the Wall Street Journal reveals that the consortium seeking to build a lithium-ion battery plant in Kentucky (with lots of tax incentive help) has some stiff competition across the country. The WSJ report shows that Michigan is courting four different companies. From the WSJ: "Everybody is on pins and needles," said James Greenberger, attorney for a consortium of 50 companies that wants to build a shared manufacturing facility near Louisville, Ky., if it gets funding from the Energy Department. Mr. Greenberger said the plant could cost more than $500 million and his group, called the National Alliance for Advanced Transportation Batteries, has lined up about $200 million of state and local incentives. 2 CommentsLeave a comment |
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I hope this works out. However IMO Kentucky should proceed very, very cautiously in this endeavor.
Since no names have bee printed on those belonging to the consortium, I do hope one of their partners is Toyota. There exist a current need for this product, but remember this is a massive government program with lots of hungry business people looking to take on a project that is funded mostly by the government.
Don't know why there has been no disunion about Toyota being a partner in this, just wondering??
At the current level the Asians have the advantage in this technology and many, many patents.
Mr. Arnold,
Who is ths man and what is his background. After all he is leading a pretty signcnt challenge and we don't know anything about him or who the alledged partners are.
Can you tell us who this is?
With this kind of investments it would be good to know what FOX we are letting in the HEN HOUSE.
Or is he a FOX . . .at all?
Mr. Greenberger said the plant could cost more than $500 million and his group, called the National Alliance for Advanced Transportation Batteries, has lined up about $200 million of state and local incentives.