COLUMBUS, Ohio — Ohio officials have ordered General Motors to repay $28 million out of $60.3 million in state tax credits the company received, after officials officially determined on Monday that GM broke a deal to keep thousands of jobs at its now-shuttered assembly plant in Lordstown.
As part of the deal, announced Monday by the Ohio Tax Credit Authority, GM also agreed to invest $12 million in the Mahoning Valley area by the end of 2022, in the form of community infrastructure, jobs-training or other community programs. The company will not make up for the other $20.3 million in tax credits it received. The TCA took into account “market conditions and GM’s other operations in Ohio,” when setting the refund amount, according to Todd Walker, an agency spokesman.
The company had received the $60.3 million under the terms of a 2008 deal with state officials. In exchange, GM said