Electric vehicle startup SF Motors takes over Indiana plant
https://phys.org/news/2018-05-electric-vehicle-startup-sf-motors.html
The company says it will spend $160 million to buy, renovate and retool the factory, which will serve as the company's main U.S. manufacturing plant. It plans to employ up to 467 workers.
To secure the deal, the state of Indiana is offering the company $3.8 million in tax credits and up to $500,000 for worker training. The state is also offering an additional $653,000 in tax credits through a program that encourages companies to take over existing out-of-operation facilities.
Electric vehicle startup SF Motors takes over Indiana plant
May 30, 2018, 8:50pm UTC
https://phys.org/news/2018-05-electric-vehicle-startup-sf-motors.html
> The company says it will spend $160 million to buy, renovate and retool the factory, which will serve as the company's main U.S. manufacturing plant. It plans to employ up to 467 workers.
> To secure the deal, the state of Indiana is offering the company $3.8 million in tax credits and up to $500,000 for worker training. The state is also offering an additional $653,000 in tax credits through a program that encourages companies to take over existing out-of-operation facilities.