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Displaying items tagged: Gotion Inc

Thursday, 13 April 2023 05:55

Legislators OK $410 million for Ford, Our Next Energy plants; Gotion project still waits

LANSING — Michigan will give companies $410 million to open two electric vehicle battery plants following approval of transfers by a legislative panel on Wednesday.

Published in Economic Development
Wednesday, 12 April 2023 05:45

Economic developers work to build public trust in massive manufacturing projects

After spending months behind the scenes on complex negotiations and crafting incentive packages to lure major advanced manufacturers, Michigan economic development organizations now face another challenge to landing projects: public sentiment.

Published in Economic Development
Thursday, 06 April 2023 15:22

‘There is no communist plot’: Gotion responds to Big Rapids-area battery plant criticism

Gotion Inc.’s top North American executive said Wednesday that the Chinese company is targeting July to start construction on a planned $2.4 billion battery parts plant in the Big Rapids area.

Published in Manufacturing

Monday, 13 March 2023 12:55

Gotion floats bigger battery plant plan as it awaits approvals

Gotion Inc.’s multibillion-dollar electric vehicle battery factory proposal near Big Rapids has swelled by 1 million square feet and 200-300 additional jobs despite lingering uncertainty that the project will even happen.

Published in Manufacturing
Thursday, 02 March 2023 20:36

Gotion exec: $2.4 billion EV battery plant near Big Rapids ‘not a done deal’

Gotion Inc. hopes to move forward with a $2.4 billion EV battery parts plant in the Big Rapids area, but it has a backup plan that could involve leaving the state if the deal falls apart, said Chuck Thelen, the company’s vice president for North American operations.

Published in Manufacturing
Monday, 27 February 2023 17:07

Gotion EV battery plant near Big Rapids needs 2,350 workers. Ferris State plans to train them.

Ferris State University is working to roll out an accelerated electric vehicle battery manufacturing training program to build a pipeline of workers for a planned $2.4 billion battery plant in the Big Rapids area.

Published in Energy

Saturday, 25 February 2023 12:29

Gotion reassessing $2.4 billion factory footprint in Big Rapids area

Chinese battery parts manufacturer Gotion Inc. is reassessing real estate plans for a $2.4 billion factory in the Big Rapids area after scrutiny from a township board.

Published in Manufacturing
Thursday, 29 December 2022 12:51

New ventures, bankruptcies and batteries: The 10 most-read manufacturing stories of 2022

West Michigan’s manufacturing sector experienced a mix of highs and lows in 2022, as several major ventures plan to bring in billions of dollars in new investments while other companies contended with inflation, supply chain disruptions and labor availability.

Published in Manufacturing
Sunday, 09 October 2022 18:33

Industrial projects to watch in West Michigan

West Michigan’s industrial sector remains a point of strength in the local commercial real estate market, with many employers hoping to expand in the region despite the lack of available space, which has prompted a range of new construction projects.

Wednesday, 05 October 2022 11:17

‘HISTORY IS BEING MADE’: State board approves incentives for 2 major battery manufacturing projects

A state board has approved hundreds of millions of dollars in tax exemptions and performance-based grants to help lure two large battery manufacturing projects that promise more than 4,000 jobs and nearly $4 billion in investment.

Published in Economic Development
Wednesday, 28 September 2022 21:50

Michigan Legislature approves $846.1M to support economic development projects

State lawmakers have steered another $846.1 million into a state fund to support major economic development projects in Michigan.

Published in Economic Development
Monday, 26 September 2022 21:39

Mecosta County, township officials approve 30-year Renaissance Zone incentive for potential battery project

BIG RAPIDS — A trio of Mecosta County municipalities have approved a 30-year tax incentive to help lure a multi-billion dollar electric vehicle battery manufacturing facility that promises more than 2,000 jobs.

Published in Manufacturing

Wednesday, 21 September 2022 10:06

Details emerge on ‘transformational’ Big Rapids battery manufacturing project

BIG RAPIDS — The Big Rapids area could experience a multi-billion dollar advanced battery manufacturing investment in the coming years, according to a recent media report confirming months of speculation about the project.

Published in Manufacturing