It didn’t take long for Michigan’s recently announced tax breaks to accomplish the goal of bringing in electric and hybrid vehicle battery manufacturing facilities. In fact, in just two days since it was declared that the tax breaks and incentives would be extended to $555 million we have seen the announcement of four manufactures planning to build plants in Michigan.

The four companies, each of whom are expected to receive the maximum of $100 million in tax credits, are: A123 Systems, KD Advanced Battery Group LLC along with Dow Chemical and Kokam America, LG Chem-Compact Power, and Johnson Controls-Saft Advanced Power Solutions LLC.

The plants will create a combine 6,600 jobs while the cost of building them will be around $1.7 billion.

Car-battery maker A123 Systems Inc. has just finished raising $69 million, $15 million of which came from General Electric. This sum puts GE’s total ownership of the company at 10 percent and gets it a seat on the company’s board.

The money will go to building factories in Michigan to build lithium-ion batteries for the hybrid and electric car industry.

A123′s large investment is great news for Michigan, who has obviously suffered terribly from the recession and it’s effects on the auto industry.

A123 has already secured a major purchase of its batteries in Chrysler who will use the batteries for its upcoming line of electric cars.

President and chief executive of A123, Dave Vieau, stated that the success of the capital campaign shows that despite the crippled economy, investors are still looking for alternative energy tech that has potential.

By 2013 the production facilities that A123 is going to build will be capable of producing batteries for five million hybrid vehicles or a half-million plug-in electric cars like the Chrysler 200C EV pictured above.