From Fox News:
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 for the Chevrolet
Volt, the troubled electric car from General Motors. The plant's
batteries also were intended to be used in Ford's electric Focus.
Production of the taxpayer-subsidized Volt has been plagued by work
stoppages, and the effect has trickled down to companies and plants that
build parts for it -- including the batteries.
“Considering the lack of demand for electric vehicles, despite
billions of dollars from the Obama administration that were supposed to
stimulate it, it’s not surprising what has happened with LG Chem. Just
because a ton of money is poured into a product does not mean that
people will buy it,” Paul Chesser, an associate fellow with the National
Legal and Policy Center, told FoxNews.com.
How can a factory that has been opened for over 2 years not produce a single product?
Unless, of course, it was subsidized by the U.S. government.
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