GM News: Are They Pulling Out Of The Ren Cen?
Michigan has always held a special place in my heart – it is my home state and Detroit … while not my home city; it is certainly a special place. So when I read in The Detroit News that GM has gone on the record stating that without the state tax credits, they would have to pull out of the skyline and actually move to the suburbs and surrounding areas.
Now, I have to tell you that this particular building in huge. I have been inside of it and have actually stayed at the Marriott there and the number of jobs that would be lost is incredible. Basically – GM needs to have 2,500 employees working and pay out about $60 million dollars in order to qualify for the incentives and tax breaks.
Do I think that is going to happen? Well, if anyone can do it, GM can and I think that they will.
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