GRCC In the News 03/23/2022

Grand Rapids Community College raises tuition by $1 for 2022-23 academic year

3/22/22 MLive

GRAND RAPIDS, MI – Grand Rapids Community College officials approved a 0.9% tuition increase for the 2022-23 school year.

LG Energy Solution to build $1.7B battery production facility in Holland

3/22/22 Grand Rapids Business Journal

An advanced lithium-ion battery manufacturer is investing $1.7 billion to expand in the city of Holland in a move that will create 1,200 jobs.

… Grand Rapids Community College is providing $14.5 million in Michigan new jobs training, and Michigan Community Capital is providing a $1.7 million new market tax credit.

West Michigan will be home to state’s 2nd massive EV battery factory

3/22/22 Bridge Magazine

The state’s race to attract billions in new electric vehicle battery production leapt ahead on Tuesday as officials approved a round of incentives that will help fund a massive expansion of a West Michigan factory.

… Additional awards to the company so far total $35 million:

… $14.5 million in Michigan New Jobs Training through Grand Rapids Community College;

Millions worth of incentives approved for $1.7 billion Holland battery plant expansion

3/23/22 MLive

HOLLAND, MI — A state board has approved millions worth of incentives for a South Korean electric vehicle battery manufacturer that’s planning to expand its Holland plant, an estimated $1.7 billion investment that could create up to 1,200 new jobs.

… For example, West Michigan Works! is supporting the project with a Workforce Hiring and Training Plan valued at $5.2 million, and Grand Rapids Community College is assisting with $14.5 million in Michigan New Jobs Training funding, according to Lakeshore Advantage.