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posted by martyb on Sunday August 27 2017, @03:23PM   Printer-friendly
from the subsidised-jobs dept.

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.


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  • (Score: 2) by driverless on Monday August 28 2017, @05:24AM

    by driverless (4770) on Monday August 28 2017, @05:24AM (#560062)

    Sure, what I meant was find the minimal requirements that gets you what you want and go with that. An easy one would be, for example, if 50% by weight of the item has to be made in the US then you ship in your Samsung washing machines without the concrete base, pour in the concrete that makes up most of the weight in the US, and claim "Made in USA" based on that. Or whatever it takes to comply with the letter but not the spirit of the regulations.

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