General Motors may make a decision by month's end on which of three idled plants will build a new small car for the automaker, but Gov. Phil Bredesen said it will take $200 million or more for Spring Hill's factory to stay in the game — and Tennessee doesn't have that kind of cash.
This is for them all about front-end money," Bredesen said Thursday, a day after meeting privately with GM officials in Washington along with Tennessee congressional leaders. GM also has met with a congressional delegation from Michigan, and the Detroit Free Press reported that several of that state's lawmakers said they'd consider providing incentives to win GM's small car project.
"They don't care about tax credits and those other kinds of things," Bredesen said at an impromptu news conference. "It certainly was a new look for me at how they're approaching this thing, which is absolutely, 'Tell me how big of a check you're going to write.' "
Read Article