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Janesville says WI offered GM $200M

Janesville says WI offered GM $200M  
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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.)

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