Tax breaks approved for proposed Big Rapids EV battery plant
A global electric vehicle battery manufacturer is considering Mecosta County for a multi-billion-dollar investment.
Mecosta County Board of Commissioners, Green Charter Township and Big Rapids Charter Township Board of Trustees are backing a proposal to bring Gotion Incorporated to the area. The Silicon Valley-based energy solutions company is looking to expand its EV battery manufacturing and Green Township is a potential location.
During a special meeting in Mecosta County, it was revealed Michigan Works! is preparing to assist Gotion with the hiring of more than 2,300 jobs that will be required over 10 years. Consumers Energy is preparing to build out infrastructure.
Those in attendance approved the Renaissance Zone application providing tax incentives for Gotion.
Randy Thelen is President and CEO of regional economic development nonprofit organization, The Right Place, Inc. He said, “We are encouraged to receive support tonight from Green Charter Township, Big Rapids Charter Township and Mecosta County regarding the Renaissance Zone designation for Gotion’s multi-billion-dollar investment in the area. As well, we applaud all our community partners who have invested time and resources to champion this effort. There are still numerous steps to be taken before this project becomes a certainty, but this is a terrific start toward positioning the region at the center of West Michigan’s growing mobility and EV sector.”
The vote to approve the Ren Zone application was unanimous.