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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 Participating Lender sets all the terms and conditions of the loan (including premium levels, maturity dates, fixed or variable interest rates, secured or unsecured, amortization schedule, etc.) TAX INCENTIVES.

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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. FOREIGN TRADE ZONES (FTZs): Secured areas legally outside of U.S. The company’s obligation to repay the loan is secured by a direct-pay Letter of Credit from a bank rated ‘A’ or better.

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