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Tennessee ‘Confident’ About GM Plant Prospects

Governor says he is confident about Tennessee's prospects to persuade General Motors to select Spring Hill as the site for its new small car production.

NASHVILLE, Tenn. (AP) -- Gov. Phil Bredesen says Tennessee's bid to persuade General Motors Corp. to select Spring Hill as the site for its new small car production is "nothing like" what the bankrupt automaker had originally asked for.

The Democratic governor told reporters Thursday that he's not heard anything back from GM about Tennessee's bid, but that he remains confident about Spring Hill's prospects if the company bases its decision on what he called "business reasons."

Tennessee is competing with plants in Michigan and Wisconsin for the production of the small car.

Bredesen told reporters earlier this month that his impression from meetings with GM officials was that the company wants a large cash payment and not long-term tax incentives.

The Spring Hill plant recently underwent a more than $600 million overhaul to build the Chevrolet Traverse crossover. It is scheduled to go on standby later this year.