Analysis: What do you think taxpayers deserve for an investment in a public company – 5%, 10%, 15%? In the world of Wall Street, the return on investment for a large capital expenditure is generally a minimum of 8%. Why would you put shareholder money at risk for anything less?
Well, you the taxpayers– the shareholders of the State of Oklahoma, if you will– should be asking what the expected return on investment is if state leaders give Panasonic $950 million to put a battery plant for electric vehicles in Pryor. That’s apparently the new Panasonic request, upping the previous incentive of $700 million by another $250 million!
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