As he works with the Legislature for additional tools to lure and retain automotive jobs, including a new “deal closing” fund and tax credits, Pritzker hinted he’s trying to land an auto-assembly plant and a battery factory in Belvidere. Pritzker is seeking more flexibility with incentives to preserve or create jobs associated with the transition from conventional automobile manufacturing to electric vehicles. When Pritzker first floated the idea of a closing fund to Crain’s in October, he suggested $1 billion would put Illinois on a level playing fieldwith peers.
Stellantis is trying to get as many incentives from the state as possible. They cannot get them locally since Belvidere only has approx 26K population. There are 100’s of millions in equipment since it is very automated. They will not let that go to waste. They should keep the same body design and just put in one 9 volt Duracell and say it’s now battery. Our pols wouldn’t know the difference. They should consider hydrogen fuel cells but won’t.
marko
3 years ago
No business is going to ever locate anything in IL going forward as long as the Union’s are control of the legislature and constitutionally protected, the taxes remain high and the workers’ comp laws remain punitive to the employers. It’s over. The Democrats killed what was once the greatest manufacturing and business state in history.
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
Stellantis is trying to get as many incentives from the state as possible. They cannot get them locally since Belvidere only has approx 26K population. There are 100’s of millions in equipment since it is very automated. They will not let that go to waste. They should keep the same body design and just put in one 9 volt Duracell and say it’s now battery. Our pols wouldn’t know the difference. They should consider hydrogen fuel cells but won’t.
No business is going to ever locate anything in IL going forward as long as the Union’s are control of the legislature and constitutionally protected, the taxes remain high and the workers’ comp laws remain punitive to the employers. It’s over. The Democrats killed what was once the greatest manufacturing and business state in history.