GM Requests Tax Break To Invest In Warren
WARREN (WWJ) – The Warren City Council could decide Tuesday on a request by General Motors for a big tax break. GM is considering additional investments into the Powertrain and Tech Center facilities located in Warren.
Warren Mayor Jim Fouts told WWJ Newsradio 950, if approved, this would be a big boost for his city.
“I’m extremely excited about it because if the council approves this first phase of a tax debate that it could involve additional millions and millions of dollars and potentially about 426 jobs,” Fouts said.
For him, the tax break decision is a no-brainer:
“It really is not costing Warren anything except that the new expansion will receive 50 percent off the normal taxes,” Fouts said. ”So, it’s the old question, ‘Is the glass half empty or half full?’ And in this case it’s half full, because without this expansion we wouldn’t have half a glass.”
Fouts said Warren became a city in 1957 largely because of GM’s decision to build its Tech Center in Warren.