Global Trade Alert
Global Trade Alert

United States of America/State of Michigan: Incentives for battery manufacturer LG Chem-Compact Power

Announcement

14 Apr 2009

In April 2009, a US state government announced a change in private-sector financial support.

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Number of interventions

2

0 certainly harmful

2 likely harmful

0 liberalising

List of interventions

Implementation date

14 Apr 2009

Revocation date:

No revocation date

Updated: 14 Apr 2009
Financial grant In force
In 2009 state and local governments in Michigan provided to battery manufacturer LG Chem-Compact Power up to $100 million in state battery tax credits, MEGA tax credits worth $25.2 million; additional...
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Updated: 14 Apr 2009
Tax or social insurance relief In force
In 2009 state and local governments in Michigan provided to battery manufacturer LG Chem-Compact Power up to $100 million in state battery tax credits, MEGA tax credits worth $25.2 million; additional...
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