On February 13, the Michigan Strategic Fund board voted to approve a $210 million grant and other incentives to Ford Motor Company, as part of a reported $1 billion in subsidies for a battery plant in Marshall, Mich. The only public comment at the meeting came from Center for Economic Accountability President John C. Mozena, … Continue reading CEA President to Michigan Strategic Fund Board: “Please, just stop.”
CEA statement on subsidized Ford/CATL battery plant project in Marshall, Mich.
Statement by John C. Mozena, president of the Center for Economic Accountability, on the reported $1 billion-plus public subsidy for a Ford/CATL battery plant in Marshall, Mich. Either the Marshall site is the best place for Ford’s proposed EV battery plant with CATL, or it isn’t. If it is, then Michigan’s taxpayers are getting screwed. … Continue reading CEA statement on subsidized Ford/CATL battery plant project in Marshall, Mich.
Georgia’s Rivian Plant Subsidy Recognized as 2022’s “Worst Economic Development Deal of the Year” by the Center for Economic Accountability
Insufficient due diligence, speculative returns, lack of concern for local impacts and convoluted structure set project apart in a historic year for corporate welfare megadeals. December 27, 2022 – Georgia’s $1.5 billion subsidy of a Rivian electric vehicle assembly plant has been selected as the “Worst Economic Development Deal of the Year” for 2022 by … Continue reading Georgia’s Rivian Plant Subsidy Recognized as 2022’s “Worst Economic Development Deal of the Year” by the Center for Economic Accountability
CEA President to Michigan Senate Committee: Stop Subsidizing a Shrinking Auto Industry
TESTIMONY OF JOHN C. MOZENA, PRESIDENT, CENTER FOR ECONOMIC ACCOUNTABILITY BEFORE THE MICHIGAN Senate economic and small business development committee REGARDING sbs 981-983 june 9, 2022 Chairman Horn, honorable members of this committee, thank you for the opportunity to speak with you again today. My name is John Mozena and I am the president of … Continue reading CEA President to Michigan Senate Committee: Stop Subsidizing a Shrinking Auto Industry