BRISTOL, Tenn. - Governor Phil Bredesen said the state's offer to General Motors to build its new small car at the Spring Hill plant was a $20 million incentive package and it was obviously not enough.
"You got to play a percentage game, which is you get an opportunity, you put your best foot forward, and you put on the table that you think you can live with, which is what we did with this one and a lot of times you win, and sometimes you lose and that was one where we lost," the governor said Wednesday while speaking in Bristol.
He went on to say he feels confident the Spring Hill GM plant will not sit without a production line for long.
The Maury County plant will be idled later this year when GM shifts production of the Chevy Traverse to Michigan.
Last week, GM awarded production of its new small car to an idled assembly plant in Orion Township, Michigan, about 40 miles north of Detroit.
Michigan's governor reportedly offered GM $779 million in tax credits over 20 years.
Governor Bredesen's incentive package was mostly education and training dollars.