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Tag: GreenTard Energy
By Corinthian Scales, Section News
via The Detroit News
A123 in April received a two-year extension on its deadline to spend a $249.1 million grant from the federal government, originally received in 2009. The money was to be used for the construction of new lithium-ion battery manufacturing facilities in Michigan. A123's Livonia plant opened in 2010, and its Romulus plant opened last year. The company had $120 million left of the $249.1 million grant.
But dammit, when it's a taxpayer funded hole you just put 400 new hands on the shovel to keep on digging.
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