Massive new car factory for Pryor

[LandArchPoke]

https://www.fox23.com/news/oklahoma-kansas-state-governments-compete-court-mystery-fortune-500-company/4KEKUX6UBBCMHBMCKDBUEWHK2E/

Sounds like this is a done deal if everything passes. Apparently they've gone silent on Kansas so that's a pretty good indication we are the top site and Kansas is the back up in case something happens were the TIF or legislation fails.

______

"Kansas State Representative John Carmichael told FOX23 that while he did not support an incentive package in his state, the legislature passed one in hopes of landing the company.

"We passed a package valued at 1.3 billion dollars. We were told that we had to get that passed before March because the company was going to make its decision before March. We were also told we had to move fast because we wanted to get our proposal passed and signed by the governor before the Oklahoma legislature came back into session," Carmichael said.

Since then Carmichael says they have been left waiting.

"Then we heard nothing, nothing, nothing," Carmichael said.

Kisling says he is confident that if the senate passes the legislation in Oklahoma on Thursday the state would be one step closer to landing the unknown company.

"I think we will know pretty quickly," Kisling said.

Kisling said Mayes County will also need to pass a TIF district. A vote on a proposal is set for next week in Mayes County."

[SXSW]

If I'm reading that right the KS proposal is for $1.3B and OK's is $700M, that's a big difference unless the TIF makes up the rest?

[Tulsan]

If I'm reading that right the KS proposal is for $1.3B and OK's is $700M, that's a big difference unless the TIF makes up the rest?

The Kansas proposal is just leverage. Kansas is the bridesmaid. We are the bride this time.

[ComeOnBenjals]

https://tulsaworld.com/news/state-and-regional/state-senate-oks-698m-economic-incentive-bill-to-lure-large-manufacturing-plant-to-state/article_9da6f91e-c199-11ec-8f72-9b9ee841fd9b.html

State Senate OK's $698M economic Incentive bill to lure large manufacturing plant to state

This includes everything Stitt was referring to in his press conference, correct?

[DowntownDan]

I probably haven't read enough but would these be good high paying jobs or middling assembly line jobs? It's one thing to give away your treasury for good jobs, it's another if its going to be more quasi-living wage jobs.

[swake]

I probably haven't read enough but would these be good high paying jobs or middling assembly line jobs? It's one thing to give away your treasury for good jobs, it's another if its going to be more quasi-living wage jobs.

According to Zip Recruiter Panasonic jobs at Tesla's plant in Nevada pay $31k at the 25th percentile and $76k at the 75th percentile. So 1,000 jobs at or below $30k and a 1,000 jobs approaching six figures.

https://www.ziprecruiter.com/Jobs/Tesla-Panasonic-Gigafactory/-in-Sparks,NV

Not great, not bad, especially where the factory is going to be located. $31k for someone living in Tulsa would be hard, but not in Pryor, Claremore or Wagoner. And the high end jobs pay enough to get people to commute from Tulsa.

[dbacksfan 2.0]

According to Zip Recruiter Panasonic jobs at Tesla's plant in Nevada pay $31k at the 25th percentile and $76k at the 75th percentile. So 1,000 jobs at or below $30k and a 1,000 jobs approaching six figures.

https://www.ziprecruiter.com/Jobs/Tesla-Panasonic-Gigafactory/-in-Sparks,NV

Not great, not bad, especially where the factory is going to be located. $31k for someone living in Tulsa would be hard, but not in Pryor, Claremore or Wagoner. And the high end jobs pay enough to get people to commute from Tulsa.

$31k in Nevada is different than $31k in Oklahoma. Nevada has no state income tax. They have a slightly higher property tax than Tulsa County, but they benefit from tourism from Reno and Lake Tahoe. Sales tax in that area is 7.75%.

Washoe County property tax rates

https://www.washoecounty.gov/treas/files/2021-22%20Combined%20Rates.pdf

https://www.washoecounty.gov/treas/Tax_Rates.php

[SXSW]

How different is the assembly line worker pay for Panasonic vs Tesla?  Not counting the management and engineering positions.

[tulsabug]

How different is the assembly line worker pay for Panasonic vs Tesla?  Not counting the management and engineering positions.

I'm curious how many assembly line workers are even needed in a battery factory. A lot of those factories are mainly robots and, as a bonus to save money, run in the dark since robots don't need to technically see what they're doing.

[dbacksfan 2.0]

Just curious, what type of batteries are Panasonic planning to build? LG just announced that they building the first in the US cylindrical Lithium batteries.

https://www.azfamily.com/2022/03/27/lg-energy-build-battery-plant-queen-creek/

Cylindrical vs. Prismatic batteries

https://www.lithiumion-batteries.com/cylindrical-vs-prismatic-cells.php

And citizens opposed to the project

https://www.azfamily.com/2022/04/12/300-acres-queen-creek-could-be-new-site-an-lg-battery-plant/

[Tulsan]

Just curious, what type of batteries are Panasonic planning to build? LG just announced that they building the first in the US cylindrical Lithium batteries.

It will be 4680 cylinder cells produced for Tesla.

https://insideevs.com/news/573347/tesla-4680-battery-panasonic-insight/

[heironymouspasparagus]

So will this end up being another toxic wasteland like Picher, OK?   Will there be a bond to ensure cleanup aftwards.... Lol...I make myself laugh...!!

[LandArchPoke]

So will this end up being another toxic wasteland like Picher, OK?   Will there be a bond to ensure cleanup aftwards.... Lol...I make myself laugh...!!

What manufacturing isn't toxic? Is it going to be any more toxic than oil & gas drilling and refining? Doubtful.

There's a far bigger toxic wasteland along the west bank of the Arkansas River with the two giant refineries that pollutes and endangers far more people than this factory will. 

[LandArchPoke]

If I'm reading that right the KS proposal is for $1.3B and OK's is $700M, that's a big difference unless the TIF makes up the rest?

I believe the TIF is valued somewhere around $400 million in terms of property tax rebates over the next 12 years so the total "package" of tax credits and rebates from state & local in OK is around $1.1 Billion

[Laramie]

Oklahoma and Kansas state governments compete to court a mystery fortune 500 company:

https://www.fox23.com/news/oklahoma-kansas-state-governments-compete-court-mystery-fortune-500-company/4KEKUX6UBBCMHBMCKDBUEWHK2E/