President Obama has been out there on the campaign trail promising a “green” jobs boom. Why anyone takes him seriously is beyond my pay grade. Just think of Solyndra or the many other government sponsored solar companies that have either gone bankrupt or have laid off workers. Now a plant that manufactures hybrid batteries is putting workers on furlough – just anther day in the life of the Obama economy.
President Obama touted it in 2010 as evidence “manufacturing jobs are coming back to the United States,” but two years later, a Michigan hybrid battery plant built with $150 million in taxpayer funds is putting workers on furlough before a single battery has been produced.
Workers at the Compact Power manufacturing facilities in Holland, Mich., run by LG Chem, have been placed on rotating furloughs, working only three weeks per month based on lack of demand for lithium-ion cells.
The facility, which was opened in July 2010 with a groundbreaking attended by Obama, has yet to produce a single battery for the Chevrolet Volt, the troubled electric car from General Motors. The plant’s batteries also were intended to be used in Ford’s electric Focus.
Production of the taxpayer-subsidized Volt has been plagued by work stoppages, and the effect has trickled down to companies and plants that build parts for it — including the batteries.
H/T to AWM
Update: Scared Monkeys linked – thanks!