Nixon signs auto incentives bill
By Associated Press
Pleasant Valley, MO. – Missouri Gov. Jay Nixon got a standing ovation from auto workers as he signed a tax break bill aimed at enticing Ford Motor Co. to continue making vehicles at a
Kansas City-area plant.
Employees of the Claycomo plant and some of their children joined the governor for Thursday's bill-signing ceremony at a union hall.
Ford has made no new commitments at the factory, but Nixon says he is encouraged and told workers the auto industry is "poised for growth."
He says the state has the "ingenuity and the talent" and now it has the economic tools it needs.
The automaker incentives would let manufacturers keep employee withholding taxes they normally would pay to Missouri if they improve their factories for new or expanded product lines.