Tuesday, October 09, 2012

Chevy Volt Battery-Maker Compact Power Lays Off Employees .....

Winners and Losers...I dare say ANOTHER LOSER.....

Just days after President Obama spoke to supporters in Los Angeles about his push for green energy, another government-sponsored, green energy-related manufacturing company announced layoffs.

The company, Compact Power, was the recipient of $150 million taxpayer dollars and millions more in tax deferments and credits. Compact Power was supposed to be building thousands of batteries for the Chevy Volt here in America. Instead, they are furloughing workers before producing a single battery, Fox News reports. Not one.

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