EV battery maker gets $189M in corporate welfare, lays off 170 employees

EV battery maker gets $189M in corporate welfare, lays off 170 employees - By Jamie A. Hope

• Mass layoffs come less than two years after incentive package

"...LG Energy Solutions announced this week plans to lay off 170 employees at its Holland plant...

Whitmer touted the company’s commitment to creating up to 1,200 jobs.

This week was not the first time the company announced layoffs after taxpayer money was awarded.
...The declaration is similar to a green energy campaign championed by former Gov. Jennifer Granholm...

CapCon previously reported that LG Chem was awarded $250 million in federal and state subsidies in 2010, with projections to create 400 jobs.
The company created only 34 jobs by 2014 and had not produced a single battery...