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Kentucky Offers Tax Break to Keep Corvette Production in Bowling Green

From Jeffrey Zurschmeide, About.com GuideApril 27, 2011

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2012 CorvetteThe Corvette has been built in an exclusive factory in Bowling Green, Kentucky since 1981 - which is now longer than either of the prior locations (St. Louis from 1954-1981, and 1953 in Detroit). But GM will have to invest substantially in the factory to keep it up to date, and with Corvette sales lagging to some of the smallest levels in history due to the recession, it might make sense to run another line of cars in the same factory.

Modern manufacturing techniques now allow an automaker to switch production on a line in a matter of hours, so the Corvette may soon get a roommate. And Kentucky has moved strongly to entice GM to make the investment in the facility by authorizing a $7.5 million tax break if GM chooses to build the C7 Corvette in Bowling Green. Company representatives have not said that there's any plan to move - but certainly the tax break will help keep the Corvette in Kentucky. GMAuthority has the story.

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