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Wednesday, 30 September 2020 18:18

Ohio Orders GM to Repay $28 Million, Invest $12 Million for Closing Lordstown Plant

Written by Mark Williams, The Columbus Dispatch
Ohio Orders GM to Repay $28 Million, Invest $12 Million for Closing Lordstown Plant Dispatch File Art

A state agency on Sept. 28 ordered General Motors to repay the state $28 million in tax incentives it received to keep its assembly plant open in Lordstown in northeast Ohio.

GM closed the plant in March 2019.

 

As part of a deal that was approved by the Ohio Tax Credit Authority, GM also agreed to invest $12 million in the Mahoning Valley in education, training, infrastructure and other programs.

 

GM received $60.3 million in state tax incentives in 2008 for keeping the plant open.

 

To read more, see The Columbus Dispatch.

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