JACC proposes deal to General Motors for a new battery plant in Joplin

On Tuesday, the Joplin Area Chamber of Commerce made a 200 million dollar offer to General Motor. K R P S’s Fred Fletcher-Fierro has more.

JACC President Toby Teeter

In January, GM announced the company would stop selling gas and diesel-powered cars and trucks by 2035. To do this, GM needs to build more battery manufacturing plants. On Tuesday, Joplin Area Chamber of Commerce President Toby Teeter announced a 200 million dollar plan to lure the country’s largest automaker to Southwest Missouri. The project includes an over 1,000-acre site at a 50% cost savings compared to competing areas. Also, GM would not have to pay taxes for the first-12 years the plant is in operation. The proposal also highlights that the median hourly earnings in Joplin are between .54 cents and $4.48 less than other locations GM currently operates, such as Springhill, Tennessee, and Detroit, Michigan. GM is expected to release 25 new or resigned electronic vehicles between 2020 and 2025.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s