Plant that got $150M in taxpayer money to make V

Plant that got $150M in taxpayer money to make Volt batteries furloughs workers

Read more: http://www.foxnews.com/us/2012/10/08/lg-plant...z28kbFRiUn

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 Holland, Mich., LG Chem manufacturing facilities 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. Production of the taxpayer-subsidized car has been plagued by work stoppages, and the effect has trickled down to companies and plants that build parts for it -- including the batteries.

“Considering the lack of demand for electric vehicles, despite billions of dollars from the Obama administration that were supposed to stimulate it, it’s not surprising what has happened with LG Chem. Just because a ton of money is poured into a product does not mean that people will buy it,” Paul Chesser, an associate fellow with the National Legal and Policy Center, told FoxNews.com.