comparemela.com

Latest Breaking News On - Kinley highway - Page 3 : comparemela.com

State provides incentives for electric van production at former Hummer plant in Mishawaka

MISHAWAKA — The Indiana Economic Development Corp. has completed a key step in bringing an electric van company and potentially hundreds of new jobs to the former Hummer H2 plant. The IEDC offered Electric Last Mile Solutions or ELMS up to $10 million in conditional tax credits, and up to $200,000 in conditional training grants based on the company’s job creation plans. The IEDC also offered up to $2.8 million in conditional tax credits from the Hoosier Business Investment tax credit program based on the company’s planned capital investment. The company, which is based in Auburn Hills, Mich., recently announced its interest in using the 675,500-square-foot plant at 12900 McKinley Highway to assemble small Class 1 vans for commercial and delivery fleets.

State provides incentives for electric van company at former Hummer plant in Mishawaka

MISHAWAKA — The Indiana Economic Development Corp. has completed a key step in bringing an electric van company and potentially hundreds of new jobs to the former Hummer H2 plant. The IEDC offered Electric Last Mile Solutions or ELMS up to $10 million in conditional tax credits, and up to $200,000 in conditional training grants based on the company’s job creation plans. The IEDC also offered up to $2.8 million in conditional tax credits from the Hoosier Business Investment tax credit program based on the company’s planned capital investment. The company, which is based in Auburn Hills, Mich., recently announced its interest in using the 675,500-square-foot plant at 12900 McKinley Highway to assemble small Class 1 vans for commercial and delivery fleets.

© 2024 Vimarsana

vimarsana © 2020. All Rights Reserved.