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Schor Fletcher

and equipment that will allow for the high-volume output STATE AND LOCAL LEADERS
necessary to produce cells at this capacity. The project is STEP UP TO THE PLATE
expected to generate a total capital investment of $2.6
billion and create 1,700 jobs. To clear the way for the GM announcement, state and
local governments approved a series of incentives. The
The GM battery plant is the single largest economic Michigan Strategic Fund approved a $600 million Critical
development project in the history of the Greater Lansing Industry Program grant, an 18-year Renewable Energy Zone,
region three times over. which will require an investment of up to $2.5 billion and
a $66.1 million Strategic Site Readiness grant awarded to
“This truly is a great day for the Greater Lansing region,” the Lansing Economic Area Partnership (LEAP) for public
said Tim Daman, president and CEO, Lansing Regional infrastructure and utility upgrades.
Chamber of Commerce. “The
construction of this battery plant "LEAP has been proud to lead
will not only create new jobs and regional efforts around this pivotal
investment in our region, but historic moment for Michigan
it also secures our long-term and the Lansing region. We
future relationship with General collectively thank Ultium and its
Motors. It will firmly establish investing partners for choosing
our region’s world leadership the Lansing region and Michigan
position in the next-generation over other location options, and
electric vehicle revolution.” acknowledge the crucial personal
leadership of Governor Gretchen
“This investment represents a Daman Trezise Whitmer and MEDC CEO Quentin
major commitment to Lansing Messer, our state legislature and
and our incredible workforce,” said Lansing Mayor Andy the outstanding leadership of Lansing Mayor Schor, Delta
Schor. “By building these electric vehicle batteries here Township Supervisor Ken Fletcher and BWL CEO Dick
and further investing hundreds of millions into upgrades Peffley," said Bob Trezise, president and CEO of LEAP. "This
at our two assembly facilities, GM is telling the world to project represents a secure future for our region and state
take a look at our region. This is truly historic, and we in making electric-powered vehicles, batteries and systems,
have to take advantage of every opportunity that can along with potential semiconductor/chip-making and other
grow out of this investment.” high technology-related companies and suppliers that will

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