Global Trade Alert
Global Trade Alert

United States of America (State of Michigan): Funding for Ford’s investment in Michigan

Announcement

02 Jun 2022

In June 2022, the State of Michigan announced support for an investment of Ford in traditional and electric vehicle production in Michigan.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

2 in force

Implementation date

02 Jun 2022

Revocation date:

No revocation date

Financial grant In force

On 2 June 2022, the Michigan Strategic Fund (MSF) approved USD 100.8 million in grants to Ford Motor Company from the Critical Industry Program to support the company's investment in traditional and e...

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Tax or social insurance relief In force

On 2 June 2022, the Michigan Strategic Fund (MSF) approved a property tax exemption worth 34.4 million for Ford Motor Company to support the company's investment in traditional and electric vehicle pr...

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