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    In August, Vice President Joe Biden, visited the state to announce a $1.36 billion grant to fund advanced battery technology companies.  In addition to the available $700 million in tax credits, these companies will be able to apply for the now billions of dollars in federal grants.

    Michigan is the first state to receive money for this project, and Governor Jennifer Granholm sees the prospective of up to 40,000 jobs created by this project, assuming things run smoothly.

    .


    Current legislation awaiting movement in the Senate will provide $100 million in tax credits throughout four years to XTreme Power, a commercial battery company from Texas to make advanced batteries at a former Ford Motor Company plant in Wixom, Michigan.  Within this plan, the company is expected to create up to 6,600 jobs for the state.

    This legislation is expected to pass the senate and kick-start Michigan’s plan to become a leader in alternative energy sources.

     

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    About Us

    The Michigan Policy Network is a student-led public education and research program to report and organize news and information about the political process surrounding Michigan state policy issues. It is run out of the Department of Political Science at Michigan State University, with participation by students from the College of Social Science, the College of Communication, and James Madison College. 

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    The thoughts, opinions, and positions represented herein are solely those of the participating students and in no way represent an official position or policy recommendation of Michigan State University.

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    Meet your Policy Fellow: Nicholas Biondolillo

    Nicholas Biondolillo is tax policy correspondent for the Michigan Policy Network. Nicholas is a first-year student in Engineering at Michigan State University.