Fox News is reporting that LG will be opening a new plant in Detroit:
LG Electronics said Tuesday it will spend $25 million to open a U.S. plant for manufacturing electric vehicle components.
The 250,000-square-foot building is located in Hazel Park, Michigan, a suburb of Detroit. When it opens next year, the plant will create at least 292 jobs in Hazel Park and an expanded research and development center in nearby Troy.
The Michigan government is providing a four-year, $2.9 million capital grant for the project.
[...] LG said vehicle components are the company's fastest-growing business. Auto-related revenue jumped 43% year-over-year to $1.5 billion during the first half of 2017, driven by LG's supplier agreement with General Motors (GM) for the new Chevrolet Bolt electric vehicle.
[...] In addition to the Michigan facility, LG expects to begin construction soon on a $250 million factory for washing machines in Clarksville, Tennessee. The production plant will create 600 new jobs by 2019, according to LG. The company is also building a new North American headquarters down the road from its current offices in Englewood Cliffs, N.J. The project will cost $300 million.
(Score: 2) by iwoloschin on Sunday August 27 2017, @03:37PM (6 children)
I'm actually a little disappointed that realDonaldTrump didn't claim responsibility for this. Is something wrong? Is he too busy issuing crazy pardons?
(Score: 1, Informative) by Anonymous Coward on Sunday August 27 2017, @04:50PM
Check the original sub - he didn't come out and say it, but it was heavily implied :)
Talk about state propaganda xD
(Score: 5, Insightful) by JoeMerchant on Sunday August 27 2017, @05:57PM (4 children)
Clearly, this is how we're MA GA - big government giveaways to foreign corporations so they can locate their low paying jobs in our slums, selling the product to us and taking the profits overseas.
🌻🌻 [google.com]
(Score: 0) by Anonymous Coward on Sunday August 27 2017, @09:33PM (3 children)
I was gonna write a thought out rebuttal to your calling Detroit a slum, but nah read the sub
(Score: 0, Troll) by Ethanol-fueled on Monday August 28 2017, @12:12AM (1 child)
This is a good thing in the longer term, even if it is expensive in the short-term. Wanna know why? Because it will give Democratic criminal Blacks jobs, money, and respect such that they will eventually turn away from their lives of crime to voting republican if not just voting for Trump in 2020.
(Score: 4, Funny) by JoeMerchant on Monday August 28 2017, @01:29AM
Not everyone with a job votes Republican, only those who are afraid to walk downtown after dark.
🌻🌻 [google.com]
(Score: 2) by JoeMerchant on Monday August 28 2017, @01:37AM
Hazel Park: 80% white, 11% over 65, median income $46K, clearly the LG execs want to feel safe when they visit the plant - doesn't mean they can't pull labor from the lower income surrounding neighborhoods.
🌻🌻 [google.com]