GM will repay $28 million to Ohio in tax incentives after closing plant
General Motors Co will repay $28 million in state tax incentives to Ohio after the largest U.S. automaker came under heavy criticism for closing its Lordstown Assembly plant in March 2019. GM`s agreement with the Ohio Tax Credit Authority also requires the Detroit automaker to pay $12 million for "community support programs" in the Mahoning Valley
GM said in a statement the authority had recognized "GM’s substantial manufacturing presence across the state of Ohio.". Source: Reuters