Has T. Boone Pickens bitten off more than he can chew? The legendary Texas oilman and investor is a major backer of V-Vehicles, an automotive startup that will take over a closed GM plant in Louisiana. V-Vehicles will renovate the former Guide headlamp
facility in Monroe, which made headlights for GM cars and trucks. According to the Louisiana Economic Development Web Site, almost 1500 jobs will be created.
T. Boone Pickens
is famous for his TV ads calling for a shift toward wind energy for
electricity and natural gas for cars. V-Vehicles has not said if it will use natural gas instead of gasoline
in its future vehicles, however.
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