Questions Surrounding Deal with Chinese Company Battery Plant
NOW WITH SOUND!!
The Illinois Freedom Caucus today held on Monday (10/2/23) to demand answers to some of the concerns Manteno residents have with a Chinese company building a battery plant in their community.
The Chinese company Gotion High-Tech Co. is in line for $ 7.5 billion in federal tax credits over five years, while the State of Illinois is kicking in an additional $536 million in subsidies to build the plant. The cost to build the plant is $2 billion and the subsidies add up to an astounding $3 million per job.
“Manteno may not be in our districts, but the people of this community deserve to have their voices heard,” said State Representative Dan Caulkins (R-Decatur). “This deal was negotiated in secret without the input of Manteno residents. The Governor needs to answer their questions and address their concerns.”
State Rep. Brad Halbrook (R-Shelbyville) said it defies common-sense to make a deal with a company with ties to the Chinese Communist Party without requiring any kind of disclosures. He said China’s human rights abuses make them a bad-faith partner in business deals.
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