RNC Research

Terry McAuliffe Is In Roanoke Today Raising Money

Today, Terry McAuliffe Will Attend A Fundraiser In Roanoke, Virginia. (Women for Terry Luncheon, Roanoke Valley Democratic Women, Accessed 6/24/13)

Terry Was In Roanoke Looking For Handouts Two Years Ago As Well

Two Years Ago, Terry Was In Roanoke To Tout His New Electric Car Company – GreenTech. “Biggest advantage, you may or may not know, I went out and started – raised about a half a billion dollars. I am chairman of a company called GreenTech Automotive. We’re building five vehicles: three hybrids, two electrics. My first car will roll off -I bought, one company I bought from China, nobody’s ever done this but I went over and bought their manufacturing company and I moved it to America.” (Terry McAuliffe, Remarks At Roanoke City Council Meeting, 3/7/11)

Terry Even Dangled The Possibility Of Building A GreenTech Factory In Roanoke That Would Employ 5,000 People. MCAULIFFE:“I’ll sell the first thing back and then I’m about to announce in September my big facility which will be about five thousand people. I’m hoping to bring it to Virginia, love to bring it to Roanoke…” (Terry McAuliffe, Remarks At Roanoke City Council Meeting, 3/7/11)

Provided, Of Course, He Got Some “Incentives” For GreenTech. MCAULIFFE: “I’m hoping to bring it to Virginia, love to bring it to Roanoke but at the end of the day gotta be offered some incentives, you know, as I say I got a fiduciary responsibility with my investors.” (Terry McAuliffe, Remarks At Roanoke City Council Meeting, 3/7/11)

Terry Never Did Bring That Factory To Roanoke, But The City Didn’t Miss Out On Much.

Terry Got $5 Million Out Of Mississippi Taxpayers To Build His First GreenTech Factory. “To this end, Mr. McAuliffe got out the political Rolodex and went on the money hunt. By October 2009, GreenTech announced it would build a plant in Tunica, Miss., after the state (under Republican then-Gov. Haley Barbour) promised at least $5 million in public loans and grants to aid the company moving in. (Kimberly A Strassel, “Terry McAuliffe’s Solyndra,” The Wall Street Journal, 4/11/13)

He Went On TV And Boasted That Greentech Would Have 1,000 Employees In Mississippi “By Next Year” In July of 2012. “My business down in Mississippi, with the help of the governor, we’re going to have 1,000 employees by next year. We’re a small business. We’re growing. We want to be a big business, but we’re working together in a bipartisan way.” (“The Situation Room,” CNN, 7/9/12)

Today, Just 78 People Work At GreenTech’s Mississippi Factory. “Marianne McInerney, a GreenTech vice president, said the company employs about 10 employees in McLean and 78 in Mississippi.” (Frederick Kunkle, “Car Company Founded By McAuliffe Files $85 Million Suit Over Web Site Articles,” The Washington Post, 4/12/13)