Illinois manufacturers laud new law strengthening electric vehicle production incentives

SPRINGFIELD – The Illinois Manufacturers’ Association (IMA) has issued the following statement after Gov. JB Pritzker signed SB 2951 into law, strengthening the state’s efforts to encourage in-state production of electric vehicles and related components:

 

“This measure will make Illinois more competitive with neighboring states by creating a closing fund to encourage businesses to locate here and increasing incentives to retain employees. Manufacturers thank Gov. JB Pritzker for his leadership on this issue and praise his dedication to growing the next generation of electric vehicle, battery and semiconductor producers and suppliers in Illinois,” said Mark Denzler, President & CEO of the Illinois Manufacturers’ Association. “We are excited to build on our state’s strong history of automotive manufacturing.”

 

About the Illinois Manufacturers’ Association (IMA)

The Illinois Manufacturers’ Association is the only statewide association dedicated exclusively to advocating, promoting and strengthening the manufacturing sector in Illinois. The IMA is the oldest and largest state manufacturing trade association in the United States, representing nearly 4,000 companies and facilities. For more information, please visit http://ima-net.org/.