Report: Fisker may owe Delaware money if factory plans fall through

Fisker may owe Delaware money if factory plans fall through

Report: Fisker may owe Delaware money if factory plans fall through

Add the oldest state in the union to the list of who Fisker Automotive might owe money to if expansion plans for its extended-range plug-in vehicles fall through. California-based Fisker, which at one time planned to open a factory in Delaware for production of the Atlantic plug-in hybrid by the end of this year, could owe the state $21.5 million (in the form of a repaid grant and loan) if those plans never materialize, Delaware Online reports. Fisker, which had said the plant would employ about 2,500 workers at the factory, would owe $12.5 million if the automaker hires between 1,500 and 2,500 people, and another $9 million if Fisker doesn't hit the 1,500-worker quota. The latest news is that Fisker could start production on the Atlantic in 2014 or 2015, but where and when, exactly, has not yet been announced. Either way, Fisker's obligation to Delaware would fall behind ...

Full article: http://green.autoblog.com/2012/12/26/fisker-may-owe-delaw...

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@SamLockhart » 30 Dec '12, 11am
Fisker may owe Delaware money if factory plans fall through [link] via @therealautoblog
@AGP_USA » 29 Dec '12, 3am
Auto Maker, Fisker, Could Be Running On Empty If Factory In Delaware Fails!! [link]
@WR_Systems » 28 Dec '12, 2pm
Example of @BarackObama's failed so-called "green" program, like #Solyndra, Fisker cars set to cost taxpayers more $ - [link]
@surfomister » 28 Dec '12, 1am
another green jobs failure, millions down the tubes on Obama green projects [link]
@Meditar » 27 Dec '12, 10pm
Controversial Carmaker in Hot Water: Controversial Carmaker in Hot Water APFisker owes $200M to the feds. Romney... [link]
@SheenStockPicks » 27 Dec '12, 10pm
Free Investing Tips* Controversial Carmaker in Hot Water: Controversial Carmaker in Hot Water APFisker owes $200... [link]
@drivenbyhelmond » 27 Dec '12, 1pm
Report: Fisker may owe Delaware money if factory plans fall through [link] @via SmartVehicle
@aatheus » 27 Dec '12, 6am
Looks like Fisker is in trouble again,. [link]
@GoGogreenliving » 26 Dec '12, 10pm
New post: Report: Fisker may owe Delaware money if factory plans fall through [link]
@carstufffeed » 26 Dec '12, 9pm
Report: Fisker may owe Delaware money if factory plans fall through: Filed under: EV/Plug-in, Man... [link] #AutoblogGreen
@otogeek » 26 Dec '12, 9pm
[link] Report: Fisker may owe Delaware money if factory plans fall through: Filed under: EV/Plug-in... [link]
@mygreenlimo » 26 Dec '12, 9pm
Report: Fisker may owe Delaware money if factory plans fall through [link]
@fibergeneration » 26 Dec '12, 11pm
Report: Fisker may owe Delaware money if factory plans fall through [link]
@ewana_ew » 26 Dec '12, 10pm
Report: Fisker may owe Delaware money if factory plans fall through [link]
@SDRelectriccars » 26 Dec '12, 9pm
Report: Fisker may owe Delaware money if factory plans fall through [link]
@jaffarwahdat » 26 Dec '12, 9pm
Report: Fisker may owe Delaware money if factory plans fall through [link]