GM Seeks $1.3B Investment Tax Incentives for Orion Plant
Jan. 17, 2022—General Motors is requesting a tax abatement on a proposed $1.3 billion investment in its Orion Township facility as the company continues to invest heavily in future electrification.
According to a report from The Detroit News, the resubmitted proposal is significantly more than GM's initial request for an abatement on a $160 million investment.
"As part of developing a competitive business case, we have had discussions with the appropriate local officials on potential incentive opportunities," GM spokesman Dan Flores said in a statement to The Detroit News. "We are not going to speculate or disclose the details of the projects under consideration beyond the information included in our public filings."
General Motors in its application said the investment "would lead to the creation or retention of 2,000 jobs," and that the "proposed investment is primarily for the construction of several additions and land improvements to support electric vehicle production."
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