Tennessee To Give Ford Electric Truck Supplier $13M In Incentives
Tennessee Has Committed To Give $13 Million In Incentives To A Supplier For Ford’s New Electric Truck Factory At BlueOval City.
Read more
Blue Oval City
Magna, Ford Electric Truck Supplier, To Build Three Facilities In Tennessee
A Supplier Will Spend $790 Million To Build Two Facilities At Blue Oval City To Supply Ford’s New Electric Truck Factory, According To Tennessee’s Department Of Economic And Community Development.
Read more
Federal Government Agrees To $9.2B Loan For Ford Projects In Tennessee And Kentucky
The U.S. Department Of Energy Has Conditionally Agreed To Loan Ford Motor Co. Up To $9.2 Billion For The Blue Oval Projects In Kentucky And Tennessee.
Read more
Multi-Billion Dollar Corporations Get Billions More In Taxpayer Dollars For Doing Business In Tennessee
Companies Worth Many Billions Of Dollars Are Set To Receive Billions More In Grants And Loans For Doing Business In Tennessee. FedEx Will Get A $2 Million Grant, And Ford Motor Company Has Been Conditionally Approved For A $9.2 Billion Loan.
Read more
Tennessee Spent $81M On Site Development Grants Since 2016
Tennessee Has Spent More Than $81 Million On Its Site Development Grant Program To Help Pay To Get Rural Industrial Sites Prepared For Businesses Since The Program Began In 2016.
Read more
TN Governor Bill Lee Given ‘D’ Grade By Cato Institute For Spending, Taxing Policies
Tennessee Gov. Bill Lee Was Given A “D” By The Cato Institute In Its Annual Fiscal Report Card On America’s Governors. Lee’s Ranking Was Based On His Spending And Taxing Record, Including This Year’s Budget, Which Included $500 Million Toward A New Titans Stadium.
Read more
Tennessee Has Committed To At Least $60M In Economic Incentive Grants This Year
Tennessee Has Committed To More Than $60 Million In FastTrack Economic Incentive Grants To Businesses This Year After Committing More Than $200 Million Of The Grants To Businesses In 2021.
Read more
Large Economic Incentives Like Those In Tennessee Increasing Exponentially
Billion-Dollar Economic Incentives, Including The One That Tennessee Gave To Ford For Its Plan To Build A $5.6 Billion Electric Truck Plant Outside Memphis, Are Increasing Across The Country, According To A New Report From The Center For Economic Accountability.
Read more
Corporate-Owned Businesses Scramble For Ways To Sidestep Tennessee Abortion Ban
After The Announcement Last Friday That The U.S. Supreme Court Had Overturned Roe V. Wade, Corporate-Owned Businesses In Tennessee Have Been Working On Ways To Sidestep The Expected Upcoming Trigger Law Abortion Ban In Tennessee And The Heartbeat Law, Now In Effect After The Sixth Circuit Court Of Appeals Lifted The Injunction On The Law First Passed In 2020.
Read more
Op-Ed: Why Are Tennesseans Subsidizing Ford Motor Co.?
Since the Blue Oval City project came to light, there have been many questions raised about the wisdom of our state leaders engaging in this project. When leadership is challenged, the public refrain is typically “it’s about the jobs.” The companion refrain involving other public topics is often – “it’s for the children.”
Valid concerns were raised about the Blue Oval City deal that went unanswered. Among them, “Is Ford aligning itself with Tennessee values?” Or, “is Tennessee going to align itself with Ford’s values?” – The latter seems more likely.
Read more