Janesville says WI offered GM $200M
|Janesville says WI offered GM $200M|
Tuesday, July 07, 2009 at 2:27 p.m.
(AP) — Wisconsin offered General Motors about $200 million in incentives to locate its new small car plant in Janesville.
The city of Janesville reported the total in a press release Tuesday, and assistant Rock County administrator Phil Boutwell confirmed that was the state’s offer.
Janesville’s release says the $200 million offer included $38 million worth of incentives from Beloit, Janesville and Rock County.
Boutwell says Rock County promised $20 million in incentives. Janesville says it offered $15 million plus savings of up to $1 million a year by offering to operate the plant’s wastewater facility. Beloit offered $2 million.
GM last month selected a facility in Orion Township north of Detroit to assemble small and compact cars over Janesville and another finalist in Spring Hill, Tenn., near Nashville.
(Copyright ©2009 by The Associated Press. All Rights Reserved.)