FRANKFORT, Ky. (AP) -- Plans to build an electric car manufacturing plant in Franklin have been short-circuited by the pullout of a major investor.
The Lexington Herald-Leader quoted a key partner in the project as saying if additional funding can't be found, the project may be moved to another state willing to provide stronger economic incentives.
The plant would build ZAP electric vehicles and was projected to cost $84 million.
Gov. Steve Beshear said in August the proposed plant would employ 4,000 workers.
Randall Waldman, chief executive officer of Shepherdsville-based Integrity Manufacturing, told the newspaper General Electric Capital has pulled its $125 million commitment.
Waldman says he still wants to build in Kentucky.