Officials hope GM to consider incentives package
Thursday, January 19th 2006, 6:05 am
By: News On 6
OKLAHOMA CITY (AP) -- A spokesman for General Motors says the company doesn't want to give false hope that an incentives package might postpone the planned closing of the Oklahoma City assembly plant.
Stefan Weinmann, a spokesman for GM in Detroit, says the company carefully studied market conditions in deciding to close the Oklahoma City plant. Weinmann says the decision wasnâ€™t based on anything the city or state didn't do.
Governor Henry unveiled the package Wednesday. The plant is scheduled to close next month.
The package includes $200-million in bonds to retool the plant to make a more economical vehicle. It also includes concessions by the United Auto Workers Local 1999, retraining through the state's Vo-Tech program and lower costs from suppliers of products used by GM.