All articles tagged with #grant cancellation
President Trump's administration canceled a $5 million grant for Bitzer Scroll Inc.'s $25 million expansion in DeWitt, NY, which could lead to reduced growth and job creation at the electric heat pump parts manufacturer.
The U.S. Department of Energy canceled a $170.8 million grant to Kraft Heinz intended for clean energy projects at its U.S. plants, including one in Holland, as part of a broader move to save over $3.7 billion in taxpayer funds, citing the need for due diligence and better use of resources.
The US Energy Department has informed Microvast Holdings that it will not award the company a $200m grant to help build a plant in Tennessee, after lawmakers raised concerns over its alleged links to China's government. Two Republican lawmakers criticized the decision to grant the funding in a letter last December to Energy Secretary Jennifer Granholm, saying Microvast had ties to the Chinese Communist Party that raised "serious concerns about the department’s ability to protect US taxpayer dollars." The grant had been set to support work by General Motors and Microvast on developing specialized EV battery separator technology and building a new separator plant.