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General Motors Plant  SURVEY: Is GM Making The Right Move?SURVEY: Who Do You Blame? TALKBACK: What Do You Think? READ: Doyle: Janesville Plant Closing Is Like Death In FamilyREAD: State Officials Reviewing $10M Given To GMREAD: Janesville Looks Ahead to Retraining GM Workers for New JobsREAD: Residents Uncertain About Future After GM Plant's ClosureREAD: GM Plant Closing Difficult For Workers, Families VIDEO: Auto Expert Dissects GM's Decision |
State Officials Reviewing $10M Given To GM
Officials Seek To Recoup Portions Of Money
UPDATED: 11:45 am CDT June 3,
2008
MADISON, Wis. -- State officials are reviewing whether any of the $10 million given to General Motors for its Janesville plant can be recouped.The state gave GM $10 million in grants in 2004 to help the plant with a $175 million upgrade.Those grants required the plant to keep at least 3,330 workers on staff through 2010. It currently employs about 2,600.Gov. Jim Doyle's spokesman Lee Sensenbrenner said that terms of the deal are being reviewed to see what money the state can take back. He said that GM has spent about $9.3 million of the grant.Doyle planned to speak to plant workers on Tuesday afternoon.
Previous Stories:
- June 3, 2008: GM: Janesville Plant To Close By 2010
- June 3, 2008: Residents Fear Ripple Effect If GM Plant Closes
- May 23, 2008: GM Says Parts Supplier Strike Costs $1.8 Billion
- May 19, 2008: UAW, American Axle Reach Deal That Could End Strike
- May 7, 2008: GM Layoffs Could Endanger Multimillion-Dollar State Grant
- April 30, 2008: Rock County Job Center Braces For Flood Of Ex-GM Workers
- April 29, 2008: GM Slashes Shift At Janesville Plant
- April 9, 2008: Janesville GM Workers Laid Off Due To Production Cuts
- March 19, 2008: GM To Temporarily Layoff Some Janesville Workers
- March 13, 2008: Janesville GM Plant To Temporarily Lay Off Some Workers
- March 6, 2008: GM: Janesville Plant To Shorten Shifts Next Week
- February 13, 2008: GM Offers Employees Buyout
- December 20, 2007: GM To Cut Production At Janesville Plant
Copyright 2008 by Channel 3000. The Associated Press contributed to this report. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
