So.. how many jobs did that $252M taxpayer money to Hyundai really create

[SoCalDem]

According to contemporaneous reports when the plant was gearing up, you can see how all over the place the projections were..
One given was the taxpayer giveaway to GET the plant.. that was a MINIMUM of $252 million.. It's a good things that Alabama's schools, road & public infrastructure is in such good shape.. oh wait..(cue Pot-hole lady)

Here's the list of big-ticket state give-aways:

(Alabama)
Hyundai, Montgomery, AL, 2002, $252 million
Honda, Lincoln, AL, 1999, $248 million
Toyota, Huntsville, AL, 2001, $30 million
Mercedes-Benz, Vance, AL, 1993, $258 million
from:
http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=389&topic_id=7148039&mesg_id=7148213

#
Alabama Companies Among Fortune's America's Most Admired Hyundai's ...
File Format: PDF/Adobe Acrobat - Quick View
2003 impact on Alabama includes: 9095 direct and indirect jobs; a $214 mil- ... year later — that created at least 20 jobs, partnered with either $1 million ...
www.edpa.org/docs/partners-magazine/sp04adv.pdf - Similar -
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Hyundai Motor Manufacturing Alabama; LLC.
Jan 12, 2004 ... HMMA and Suppliers Expected to Bring 6000 Jobs to Alabama ... Hyundai experienced record sales in the United States in 2003. ...
www.hmmausa.com/releases_detail.aspx?id=47 - Cached - Similar -
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North American Reports: Alabama, Kentucky, Kansas, Site Selection ...
As many as 14 more Tier-1 Hyundai supplier plants are coming to Alabama, ... 250-employee plant, scheduled to begin production by the end of 2003. ... Up to 150 new jobs will be created by the growth, which was helped along by the ...
www.siteselection.com/issues/2003/mar/p128/ - Cached - Similar -
Show more results from www.siteselection.com
...................................................................
SPECIAL FROM HYUNDAI ALABAMA: Part 2
Part 2 of 3: SPECIAL FROM HYUNDAI ALABAMA: Hyundai Brings 2000 New Jobs Home to ... and worked alongside an Alabama agency that, starting in March 2003, ...
www.theautochannel.com/news/2005/05/23/103261.html - Cached - Similar -
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Alabama's Automotive Industry and Foreign Direct Investmnt
Dec 22, 2005 ... The company announced expansion plan two times in 2003 and 2004. ... Another automotive investment was from Korea-based Hyundai in April 2002. .... In Alabama , the automotive industry created 30180 direct jobs and 53530 ...
www.umich.edu/~econdev/alabama_auto/index.html - Cached - Similar -
.........................................................
Alabama's Automotive Manufacturing Industry is Sizzling
File Format: PDF/Adobe Acrobat - Quick View
Feb 17, 2006 ... jobs as Hyundai Motor Manufacturing Alabama and its suppliers began operations. ... 13637 (+44%) growth in direct jobs over 2003 survey ...
www.aama.to/2005-survey-press.pdf - Similar -
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Article: Louisville, Ky.-Based Hyundai Parts Supplier Eyes ...
15--Hyundai parts supplier Tire Wheel Assembly Inc. of Louisville, Ky. ... create 36 jobs and supply tire and wheel assemblies to the $1 billion Hyundai ... created through a partnership with the Alabama Development Office and Alabama Interactive . ... Knight Ridder/Tribune Business News; July 15, 2003 ; 700+ words ...

[midnight]

1. Are you suggesting that 252 billion could be expedited more quickly to those

in need if we by pass the middlemen?

[SoCalDem]

2. nope.. just calling attention to HOW these jobs are procured, and

wondering if they ever really turn out to be the panacea they are promised to be:)

and if they are cannibalized from some other part of the same country, are they ever really "new" jobs..or just relocated jobs..taken from one area and sold to the highest bidder in another, at the expense of taxpayers. the tax money paid out in bribes to "big-biddness", so politicians can brag about the jobs they created to get re elected, is money NOT in the coffers when a hurricane slams into the state or when rivers flood..or when kids need educating.

[EOTE]

3. I think you mean million, not billion. NT.

[SoCalDem]

4. eek.. got my B's mixed up with my m's.. thanks