Loans Supporting Tooling, Engineering are Creating Jobs

Aug. 6, 2010
UAW will continue pushing for more government investment.

Editor's Note: covered the CAR Management Briefing Seminar in Traverse City held this week.

The United Auto Workers union started pushing the idea of government incentives to support U.S. production of green technology in 2003, and a bill passed in 2007 is having the desired effect of adding employment in the U.S., the union says.

The law authorizing loans to encourage tooling and engineering for green technology already accounts for 30,000 jobs at Ford Motor Co., which was approved for $5.9 billion covering 13 projects.

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