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Turbocharging Motown’s Recovery

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A few hours after the pixels for that post were hatched, Detroit announced it had become the largest city in history to file for bankruptcy protection. This summer, a federal judge will decide whether to approve a plan that would allow the city to exit bankruptcy court by mid-October.

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Elio Motors Announces Vehicle Manufacturing Facility In Shreveport, LA

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Targeting a retail cost of $6,800, the company will position the Elio vehicle as a cost-effective alternative to four-wheeled autos. Bankruptcy Court settlement agreement to redevelop former GM locations. “We The Caddo Parish Commission also is negotiating potential incentives to support Elio’s redevelopment of the former GM site.

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State by State Incentives Guide

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The incentive is available for non-retail businesses engaged in commerce for profit that fall into certain categories. The terms are negotiated specific to each firm’s individual needs and situation with a maximum limit of 3% of Capital Expenditures. The benefit depends on the tier of the county in which the company locates.

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STATE INCENTIVES GUIDE

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The incentive is available for non-retail businesses engaged in commerce for profit that fall into certain categories. Lenders negotiate their own fees and the USDA charges 2 percent of the guaranteed amount as a one-time fee. The benefit depends on the tier in which the company locates.

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