The building was leased, the press alerted, and the state had pledged millions in support. Boston-Power Inc., the high-tech battery maker in Westborough, was ready to accept a huge chunk of change from Washington to pay for a new factory in Auburn.
Then, on Aug. 5, the word came down. The company would not get the $100 million in federal stimulus money it hoped for. That funding, and more, went instead to a handful of rivals that included A123Systems Inc. of Watertown, which is building a plant in Michigan to make car batteries for Chrysler.
Now, as lawmakers and Boston-Power executives deal with the shutout, chief executive Christina Lampe-Onnerud said without a quick injection of cash, the company will build its new plant somewhere else - perhaps in Europe or Asia....
The company has a plant in Taiwan....
Bye.
If I didn't know any better, I'd say it is environmental extortion.
Lampe-Onnerud said the 450,000-square-foot Auburn plant would create 600 jobs, establish manufacturing operations in the United States, and possibly help the company break into the domestic automotive market.
That's it? We are SHEDDING THOUSANDS here and MILLIONS nationwide!!!
Without federal funding, the factory project “just can’t happen in the United States, and that’s the sad reality,’’ she said....
Un-frikkin'-real!
The state had also committed $9 million in loans and other incentives for the project, contingent on the creation of jobs....
MORE TAX BREAKS for SPECIAL INTERESTS!!!!
Boston-Power could look toward the Department of Defense for funding, Lampe-Onnerud said. Failing that, she added, the Auburn plan could die....
So the MIC will fund the "green" movement, huh?
--more--"
Wrrrrrh, wrrrrrh, wrrrrrh, wrrrrrh.
Can't seem to get started, readers.
Could you give me a jump?
