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Kokam’s , to be dubbed Summit Battery Park, wouldf employ an estimated 900 people with averages annual salariesof $40,000. Kokam President Don Nissankaz has said he hopes to break grounr before the end of the probably at a site of more than 40 acre s in the vicinityof Kokam’z current 50,000-square-foot Lee’s Summit plant. Nissankza was out of the country Mondaand couldn’t be reached for comment. Kokam, a startup foundexd in October 2005, burst into the limelighrt this year. picked Kansas City for an assemblyy facility largely becauseof Kokam’sz proximity.
And with federal stimulus dollarsx and state money seeking a joint venture involving Kokam landefd a commitment in Apri ofnearly $145 million in incentives from Michigan to build a battery plant there that’s similar to the one plannee locally. The group also applie d for federalstimulus money. Schaefer, sent a letter to Nixoh on Thursday proposing that financingy be cutby $11.5 millionm combined for Kokam’s Lee’s Summit plant and anothedr battery plant in Joplinj to help preserve $31.2 million in financin for the in which Schaefer called the cornerstone of a $200 millio n hospital project.
“Every indicatiomn that I’m getting is that (Nixon) intends to veto the moneyt forthe hospital,” Schaefer said, addin g that Nixon’s veto probably would kill the entire $200 million project. “Spending public funda on a cancer hospital owned by the citizenw of Missouri is always goingf to win out over givin public funds to a privatd company for abattery plant,” Schaefer “Nobody has told me that the lower amounft would kill (Kokam’s Lee’s project.” Nixon spokesman Scott Holste said the governor will have an announcemen about the budget bill before June 30, the end of Missouri’se fiscal year.
Nixon and his staf f have been reviewing the budgetbill “linse by line to determine what the state can Holste said, and they want to keep centra services in place. Jim Devine, CEO of the l, said he thought Schaefer’s proposal was “not as a threat as the EDC first thought, “but you neverr know in politics.” The EDC issued a released Friday encouraging Nixon to keep theKokamm plant’s financing fully in place.
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