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Michigan kicks in $120M from MSF to support Ford LFP gigafactory

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The Marshall Area Economic Development Alliance received Michigan Strategic Fund (MSF) approval of a $120.3-million Originally announced by Ford and approved by the Michigan Strategic Fund in February, Ford is investing more than $3.5 million square foot electric vehicle battery manufacturing facility in Marshall. Earlier post.)

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A123 Systems 8K filing says substantial doubt about its ability to continue as a going concern; status of grants and incentives

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million to replace battery modules and packs that may contain defective prismatic cells produced at A123’s Livonia, Michigan manufacturing facility. million related to inventory produced at its Michigan facilities that may be defective. State of Michigan Center of Energy and Excellence Grant. Earlier post.).

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DOE Inspector General review finds automotive Li-ion battery maker LG Chem Michigan misused Recovery Act funds; DOE management, low market demand contributory

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A review by the US Department of Energy (DOE) Office of the Inspector General (OIG) has found that Li-ion battery maker LG Chem Michigan misused funds awarded to it under the American Recovery and Reinvestment Act of 2009 (Recovery Act). The period of performance for the grant runs through May 2013.

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Michigan Awards $543.5M in Tax Credits to Four Battery Makers, Who Announce Plans for $1.7B Investment in Li-ion Battery Plants in Michigan

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The Michigan Economic Growth Authority (MEGA) Board awarded $543.5 million in tax credits to four battery companies announcing plans to invest more than $1.7 billion in Li-ion manufacturing facilities in the state. Today marks a defining moment for Michigan's future as we see a new industry begin to take root and grow new jobs.

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LG Chem to Build $ 303M Li-ion Plant in Holland, MI

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will build its new $303 million lithium-ion battery manufacturing facility in Holland, Michigan. million grant the company received from the US Department of Energy (DOE) as part of the Recovery Act Award for Electric Drive Vehicle Battery and Component Manufacturing Initiative. Michigan Governor Jennifer M.

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Daimler Trucks to Invest $194M in Detroit Diesel Engine Plant in US

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Daimler Trucks North America (DTNA) will invest $194 million (approximately €157 million) in the Detroit Diesel engine production facility in Redford, Michigan to expand substantially the heavy-duty BlueTec diesel engine production capacity. These incentives include a Michigan Economic Growth Authority Award of $56.8

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Oak Ridge National Laboratory Selects Four Companies for Collaborative Advanced Battery Research; 4 CRADAs with A123, Dow Kokam, Porous Power and Planar Energy

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By leveraging our expertise in materials science and manufacturing, ORNL will assist these partners with their individual energy storage challenges and address opportunities to surpass non-domestic secondary battery manufacturers that dominate today’s market. ORNL’s Energy Materials Program Director Craig Blue.