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Bolling: McAuliffe’s Mississippi package ‘attractive’

By   /   May 3, 2013  /   No Comments

Part 17 of 74 in the series Terry McAuliffe - Carmogul
AP photo

SHOP TALK: Terry McAuliffe, left, and Haley Barbour confer prior to the unveiling last year of the electric MyCar at a GreenTech facility in Horn Lake, Miss.

By Kenric Ward | Watchdog.org Virginia Bureau

RICHMOND – Lt. Gov. Bill Bolling, Virginia’s designated “chief jobs creation officer,” doesn’t blame Terry McAuliffe for locating GreenTech Automotive in Mississippi.

“I certainly couldn’t criticize Mr. McAuliffe and GreenTech about taking the project to Mississippi,” the Republican told the Virginian-Pilot last Monday.

“The truth is Mississippi offered them a very attractive incentive package … Virginia would have been unlikely to match,” Bolling said.

Virginia officials working for Gov. Tim Kaine, a Democrat, expressed “grave doubts” about the electric car company’s prospects in 2009.

The company is headquartered in McLean, Va., where McAuliffe resides, but signed a deal with then-Mississippi Gov. Haley Barbour to build an assembly plant in rural Tunica County.

Mississippi “very aggressively courted us and put up in excess of $15 million for land and so forth that — I have fiduciary duty as chairman of this company as well as in charge of the shareholders, I have a fiduciary duty for the shareholders,” McAuliffe said in a 2012 YouTube video.


YouTube

Accepting the public-financing package seemed to contradict McAuliffe’s declaration, which he made in the same YouTube interview, where he said:

“I’m proud to always say of all my businesses and the one I’m doing now with the auto, I do it all with private capital.  I use my own money and investor money. I just don’t want the government in my business.”

The Mississippi agreement requires GreenTech to create 350 jobs and raise $60 million in capital by Dec. 31, 2014.
A Watchdog investigation found that GTA’s progress in Mississippi has been slow, and McAuliffe acknowledged to NBC-12, “It’s been hard. … All I can tell you is we’re trying.”

Though McAuliffe called the Mississippi package the best deal for shareholders, it was, in actuality, the only deal. Economic development officials in Virginia steered clear of the project, expressing concerns about GreenTech’s marketability, leadership and funding.

ROOM FOR BILL? Lt. Gov. Bill Bolling earned kind words from Terry McAuliffe.

ROOM FOR BILL? Lt. Gov. Bill Bolling earned kind words from Terry McAuliffe.

Bolling theorized that Virginia officials shied away because the company effectively was a manufacturing start-up, not an existing company looking to expand or relocate here, the Virginian-Pilot reported.

The state’s incentives are tailored more to existing firms, Bolling told the newspaper’s Julian Walker.

Though McAuliffe is former chairman of the Democratic National Committee and is the party’s gubernatorial candidate this year, he has praised Bolling’s work.

In March, the Washington Post quoted McAuliffe as saying he would have a place for the Republican in his administration.

“He’s been very active on job creation issues that he and I have talked about,” McAuliffe said. “And if I was fortunate enough to be elected the governor of the commonwealth of Virginia, I’d love to have him bring his expertise and background and his knowledge to work with me, so that we can continue to work together to create jobs in a very tough global economy.”

Kenric Ward is a national reporter for Watchdog.org and chief of the Virginia Bureau. Contact him at kenric@watchdogvirginia.org or at (571) 319-9824. @Kenricward

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Part of 74 in the series Terry McAuliffe - Carmogul
  1. VA: As he runs for governor, McAuliffe wheels and deals electric cars in Mississippi
  2. VA: Media echo Watchdog exclusive on McAuliffe’s electric car maneuvers
  3. No news here: PolitFact brands Terry McAuliffe’s electric-car claim ‘false’
  4. Experts question source of McAuliffe car-company funding
  5. Terry McAuliffe on business ventures: ‘Some work, some don’t’
  6. How McAuliffe’s car company failed the Virginia test, landed in Mississippi
  7. Virginia official wants probe of McAuliffe company ‘visa-for-sale’ program
  8. McAuliffe car company sues Watchdog in libel claim
  9. Barack Obama’s GreenTech connection: Rick Wade
  10. Silence, secrecy, cops follow GreenTech’s China deal
  11. McAuliffe hones China’s crony-capitalism model in U.S.
  12. Promises keep Tunica County afloat
  13. McAuliffe company’s China hook-up: Will it work?
  14. McAuliffe car lags in Domino’s delivery
  15. McAuliffe car co. parent in off-shore tax shelter
  16. Lawmaker gives feds one more week for EB-5 answers
  17. Bolling: McAuliffe’s Mississippi package ‘attractive’
  18. Inside, execs knew McAuliffe plan had ‘substantial risk’
  19. Union darling McAuliffe and his non-union car company
  20. Did Clinton aid the birth of ‘McAuliffe’ car company?
  21. McAuliffe feels heat over GreenTech resignation
  22. TV report: One year later, ‘party is over’ at GreenTech
  23. Months after he said he left company, McAuliffe kept talking GreenTech
  24. Clinton connection: More money for McAuliffe
  25. Terry McAuliffe used loophole to avoid key SEC oversight of his car company
  26. VA officials: McAuliffe green car more politics than biz
  27. McAuliffe car company announces it’s ready to roll — again
  28. Before Watchdog, McAuliffe blamed federal officials for money trouble
  29. McAuliffe gets cash from GreenTech exec, board members
  30. Watchdog report on McAuliffe spurs FOI request to Homeland Security
  31. McAuliffe leaves GreenTech questions hanging at debate
  32. Totally wired: McAuliffe went to Napolitano to expedite company funding
  33. McAuliffe bragged about GreenTech’s cash position while begging feds for faster processing of ‘cash for visas’
  34. Investigation targets Homeland official’s relationship to McAuliffe company
  35. Even before news of federal probe, McAuliffe ducked GreenTech questions
  36. McAuliffe company pressed Homeland official on 81 investor visas
  37. Rodham company sought visa for controversial Chinese exec
  38. Immigration official says he met with McAuliffe to discuss visas for foreign investors
  39. Whiners: Mayorkas says Gulf Coast ‘continues to complain’
  40. VIDEO: Ex-GreenTech employee says little happened at Horn Lake plant
  41. Online ad to Terry McAuliffe: Drop your lawsuit
  42. National security on ‘hold’: Lawmakers press McAuliffe for answers
  43. Citizens United documentary film delves into McAuliffe, GreenTech
  44. VIDEO: Terry McAuliffe’s 15 million-square-foot car plant … in China
  45. Feds call McAuliffe car company’s use of investment program ‘possible fraud’
  46. GreenTech courted Obama’s Solyndra aide
  47. GOP legislators call for McAuliffe to answer GreenTech questions
  48. McAuliffe ‘desperate’ over documentary, Citizens United says
  49. GreenTech weighed Fisker-style federal loan
  50. Group tells Terry: Follow ‘McAuliffe Standard’ on disclosure
  51. Car and Driver races into GreenTech controversy
  52. Congressman: McAuliffe owes Virginians explanation about White House meeting
  53. Feds loosen oversight as McAuliffe car company makes mysterious management change
  54. GreenTech execs use Times and ABC to throw McAuliffe under the (non-electric) bus
  55. Aide in union contribution swap hosts California fund-raiser for McAuliffe
  56. Despite denials, docs show McAuliffe company asked feds to fast-track visa for investor tied to spy list
  57. Former Democrat Party director was on GreenTech payroll
  58. More bad news for McAuliffe car company as GreenTech China venture stalls
  59. Clinton Foundation posts deficits on McAuliffe’s watch
  60. VIDEO: GreenTech record dogs McAuliffe at energy forum
  61. Auto industry expert labels McAuliffe electric car ‘preposterous’
  62. Democratic leaders have their own Bain pain in Mideast private equity deal
  63. Hillary PAC adviser served as GreenTech spokeswoman
  64. New emails add evidence McAuliffe pressed U.S. officials to approve GreenTech funding
  65. After endorsement, Post shrinks facts to cover Terry McAuliffe
  66. Ties that bind: Following the McAuliffe-Clinton money trail
  67. McAuliffe tilts at windmills; Chinese venture goes bust
  68. Federal investigations cast shadow over McAuliffe on Election Day
  69. DHS inspector over GreenTech-McAuliffe case is under investigation
  70. McAuliffe names former GreenTech employee secretary of commonwealth
  71. McAuliffe lawyers, accountants sort GreenTech stock amid federal investigations
  72. Nuking filibusters, Dems clear way for Mayorkas at Homeland Security
  73. U.S. judge hands Watchdog a victory over VA governor’s green-car company
  74. Attorney: McAuliffe is ‘100 percent divested’ of GreenTech

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Kenric Ward is a veteran journalist who has worked on three Pulitzer Prize-winning newspapers. A California native, he received a BA from UCLA (Political Science/Phi Beta Kappa) and holds an MBA. He reported and edited at the San Jose Mercury News and the Las Vegas Sun before joining Watchdog.org in 2012 as Virginia Bureau Chief.