Wrong again. They took over the old Philip Morris cigarette plant which was not a patch of dirt.
Alevo Manufacturing Inc. and Alevo USA Inc., the two U.S. subsidiaries of Swiss company The Alevo Group, filed for Chapter 11 bankruptcy Aug. 18. Both are based in Concord, where Alevo kept offices and its manufacturing plant at the former Philip Morris manufacturing site./
Further more how much of the $250 million for expansion was spent?
http://cabarrusedc.com/news/2017/02...nd-manufacturing-operations-at-concord-plant/
Feb. 28, 2017 – CONCORD, NC – Alevo’s plans to add additional production lines and equipment at its battery manufacturing facility in Concord will create just over 200 jobs and invest $251.5 million into the local economy
Magnis did say there was equipment there that had not even been used. How much did they spend Anf?
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Wrong again. They took over the old Philip Morris cigarette...
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