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Plant that got $150M in taxpayer
money to make Volt
batteries furloughs workers

Fox News, by Perry Chiaramonte

Original Article

Posted By:Photoonist, 10/8/2012 8:24:25 PM

President Obama touted it in 2010 as evidence "manufacturing jobs are coming back to the United States,” but two years later, a Michigan hybrid battery plant built with $150 million in taxpayer funds is putting workers on furlough before a single battery has been produced. Workers at the Compact Power manufacturing facilities in Holland, Mich., run by LG Chem, have been placed on rotating furloughs, working only three weeks per month based on lack of demand for lithium-ion cells. The facility, which was opened in July 2010 with a groundbreaking attended by Obama, has yet to produce a single battery

Comments:
Not ONE battery has yet been produced for the Chevy Dolt here and they are running in a slowdown mode because of lack of work. Here's just one more of the failures of the 0bama regime that Romney was talking about int the debate. The government CAN'T pick winners. But is can sure dump a lot of taxpayer money in financing losers.

      


Post Reply  

Reply 1 - Posted by: carolina blue, 10/8/2012 8:28:41 PM     (No. 8919097)

Surely there must be some mistake.

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Reply 2 - Posted by: Bubbasuncle, 10/8/2012 8:29:18 PM     (No. 8919098)

Hey Mitt, great fodder for the debate!

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R-G1
  
R-VAR_AD


 
Reply 3 - Posted by: Ronaldus Magnus, 10/8/2012 8:40:05 PM     (No. 8919113)

I recall reading that the first electric car batteries produced about 40 miles per charge, and today FTA “Electric car batteries do not perform much better than they did 100 years ago," he said. "Research has not conquered the battery storage issue."

Obambi's war on oil, coal, and natural gas will 'drive' us backwards, while China, India, Russia, et al will drive past us.

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Reply 4 - Posted by: RightShoe, 10/8/2012 8:42:56 PM     (No. 8919121)

Corporate welfare! That's what it is.

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Reply 5 - Posted by: thatsomewhereplace, 10/8/2012 8:55:40 PM     (No. 8919140)

I scream!

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Reply 6 - Posted by: Dante, 10/8/2012 9:15:29 PM     (No. 8919163)

Socialist nations prop-up semi-viable business to keep them afloat, Zero gives away billions to companies that can't even get up and running.

He is a world class incompetent

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Reply 7 - Posted by: JustRight, 10/8/2012 9:16:45 PM     (No. 8919165)

If they have not produced a single battery in all of this time what are the rotating shifts working on - bilking the taxpayer?

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Reply 8 - Posted by: WimeTarmerFable, 10/8/2012 9:22:42 PM     (No. 8919174)

The GM Money Laundering scam continues...felonies for all.

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Reply 9 - Posted by: janylou, 10/8/2012 9:26:41 PM     (No. 8919185)

Another loser that may soon be added to the list. Do you think Obozo will laugh at that as well?

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Reply 10 - Posted by: krich, 10/8/2012 9:44:57 PM     (No. 8919218)

150 million in tax dollars, plus the workers get a week paid vacation per month from the tax payers to go fishing? unreal...

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Reply 11 - Posted by: Tennman, 10/8/2012 10:23:13 PM     (No. 8919269)

Amen #7. Two years, 300 million (1/2 taxpayer money) and ZERO batteries. What's so wrong with this picture?

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Reply 12 - Posted by: ColonialAmerican1623, 10/8/2012 10:35:54 PM     (No. 8919286)

At least Big Bird is still working.

Why isn't Mitt running ads day and night slamming the lies ?

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B-G1


 
Reply 13 - Posted by: Patriot Forever, 10/8/2012 10:54:22 PM     (No. 8919324)

Romney has not said anything because his staff is too lazy to investigate for the facts.

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Reply 14 - Posted by: Kurto, 10/8/2012 11:29:16 PM     (No. 8919374)

Another F on No bama's report card!

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