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Subcommittee hears timeline for Goshen battery plant, $125 million SOAR allocation and local disputes
Summary
Witnesses described the Goshen EV battery project timeline, state incentives tied to it and escalating local opposition that led to recalls and litigation; state site‑prep funds have been partially allocated but direct SOAR disbursements have not been triggered.
The House Oversight Subcommittee on Corporate Subsidies and State Investments heard a timeline of the Goshen EV battery project and details on state incentives, including a $125 million SOAR allocation that has not been disbursed and about $23.7 million from a strategic site‑readiness pool that has been allocated to site work.
Randy Thelen, chief executive officer of The Right Place, told the committee he and local partners began work on the opportunity in June 2021 after the company shifted from seeking a building to searching for infrastructure‑served industrial land. “There’s three buckets to the incentive program,” Thelen said, describing (1) the direct SOAR award for the company, (2) a Strategic Site Readiness Program grant for land assembly and infrastructure, and (3) a Renaissance Zone property‑tax abatement that…
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