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Chinese Battery Firm Loses Ohio Incentives for Failing to Meet Job, Investment Targets
Summary by The Epoch Times
1 Articles
1 Articles
Chinese Battery Firm Loses Ohio Incentives for Failing to Meet Job, Investment Targets
A Chinese battery materials company that pledged to create nearly 1,200 jobs and invest $916 million in Ohio has lost state tax incentives after falling short of its commitments. In 2022, Ohio officials and the city of Sidney welcomed the arrival of Chinese company Semcorp Advanced Materials Group. The company pledged that its U.S. subsidiary, Semcorp Manufacturing USA LLC (Semcorp), would invest about $916 million in the area and create as many…
·New York, United States
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Total News Sources1
Leaning Left0Leaning Right1Center0Last UpdatedBias Distribution100% Right
Bias Distribution
- 100% of the sources lean Right
100% Right
R 100%
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