Ford wants $240 m for Michigan Central Station

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Ford wants $240 m for Michigan Central Station

Unread postby trainjunkie47 » Wed Sep 12, 2018 11:14 pm

Ford says it needs more than $239 million in public tax incentives to make good on its $740 million promise to redevelop the Michigan Central Depot and adjacent parcels— more than $100 million from cash-strapped Detroit

Read the rest of today's Detroit Free Press column here:
https://www.freep.com/story/opinion/columnists/nancy-kaffer/2018/09/12/detroit-train-station-ford-tax-incentives/1267176002/
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Re: Ford wants $240 m for Michigan Central Station

Unread postby hoborich » Fri Sep 14, 2018 9:24 pm

HA! Well, at least they can't take their station and go somewhere else. :lol:
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Re: Ford wants $240 m for Michigan Central Station

Unread postby Chip » Tue Sep 18, 2018 4:21 am

Man, I am so sick of this company crying broke all the time. They have anywhere between $16B and $21B in the bank depending on what you read. They are still profitable despite their claims to the contrary. They aren't broke.

Full disclosure, I am a ford employee. In fact I'm wrapping up my shift at the Michigan Assembly Plant Stamping Plant as I type this.
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