Rep. Jason Sheppard’s plan to help Tenneco keep jobs in Monroe County and elsewhere in Michigan has been signed into law.
Sheppard, of Temperance, is a key sponsor of the legislation allowing Tenneco to keep Michigan Economic Growth Authority credits originally awarded to Federal-Mogul. Tenneco finalized a deal to acquire Federal-Mogul in 2018, and transferring the established credits will help the company preserve Michigan jobs with no additional expense to taxpayers.
Tenneco is the parent of Monroe Shocks and Struts, which has roots in Monroe County dating back a century.
“This legislation will keep jobs right here in Monroe County without any added costs to taxpayers,” said Sheppard, of Temperance. “This plan had broad bipartisan support, and it’s easy to see why. It’s the right thing to do and the right way to do it.”
House Bills 4189-91 were signed into law by the governor this week.