Tennessee Considering $900 Million Ford Incentive Package

Tennessee Considering $900 Million Ford Incentive Package
A view of a Ford logo on signage at Country Ford in Graham, N.C., on July 27, 2021. Gerry Broome/AP Photo
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NASHVILLE, Tenn.—Tennessee is poised to spend approximately $900 million of its tax revenues on incentives, infrastructure projects and more under an agreement with Ford Motor Co., which has announced plans to build an electric vehicle and battery plant near Memphis.

The sweeping spending package must be approved by the Republican-led General Assembly, which began the work Monday. The special legislative session was called by Republican Gov. Bill Lee.