vimarsana.com

Page 4 - மஹோனிங் பள்ளத்தாக்கு உற்பத்தியாளர்கள் கூட்டணி News Today : Breaking News, Live Updates & Top Stories | Vimarsana

First part of GM settlement blooms | News, Sports, Jobs

Feb 15, 2021 The first fruits of a settlement agreement between Ohio and General Motors are starting to come to bloom as part of job training efforts in the Mahoning Valley. In an agreement struck after the automaker pulled out of Lordstown in 2019, breaking job creation and retention tax credit contracts, GM agreed to pay back about $40 million of the $60.3 million it had received in tax breaks to retool its former assembly plant in Lordstown. Of that, $12 million was dedicated for use in the Mahoning Valley. As part of the negotiated agreement to make up for that loss, GM committed $5 million to Youngstown State University for workforce development in partnership with Eastern Gateway Community College and funding to create the YSU Energy Storage Innovation and Training Center.

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.