Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

unhappycamper

(60,364 posts)
Sat Feb 8, 2014, 11:22 AM Feb 2014

North Carolina makes pitch for Boeing plant; 7K jobs

http://hamptonroads.com/2014/02/north-carolina-makes-pitch-boeing-plant-7k-jobs

North Carolina makes pitch for Boeing plant; 7K jobs
By Emery P. Dalesio
The Associated Press
© February 6, 2014

RALEIGH, N.C.

Assembling one of the largest package of tax breaks and other incentives in North Carolina history earned the state consideration for as many as 7,250 Boeing aircraft manufacturing jobs — but its $683 million offer was dwarfed by Washington state's winning promise of nearly $9 billion in corporate sweeteners.

North Carolina and about 20 other states offered lavish tax breaks, free land and other enticements to land the thousands of jobs needed to build the 777X, a jet designed to be more fuel efficient than Boeing's strong-selling 777 airliner.

Missouri offered up to $1.7 billion over more than two decades. North Carolina, Kansas, Utah, South Carolina and Texas stressed their laws limiting union membership.


North Carolina's pitch — which would have been boosted by local offers — was more than double the largest the state has dangled and successfully landed an employer. Dell Inc. was offered more than $300 million in state and local incentives in 2004 to open a computer assembly plant near Winston-Salem. Most state incentives were never paid, and Dell repaid local governments $26 million in upfront spending after the plant closed in 2010.
1 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
North Carolina makes pitch for Boeing plant; 7K jobs (Original Post) unhappycamper Feb 2014 OP
Shame on State governments selling out their workers Amerincorporated Feb 2014 #1
1. Shame on State governments selling out their workers
Sun Feb 9, 2014, 01:05 PM
Feb 2014

It's outrageous at a time when our government is telling everyone to "tighten their belts" we're giving the countries richest corporations billions of dollars. These companies who rely on our highways, our courts, our police and fire departments, are not only asked to contribute NOTHING in taxes but are instead handed billions. The fact that states haven't come together to stop multinationals from pitting each state desperate for jobs against each other is just another failure of our government bought and controlled by these same corporations. We need a new labor movement and a complete overhaul of lawmakers to those who are more concerned with taking care of average citizens than making obscenely rich corporations even richer, while these same Co. demand to contribute less and less to the country that has made their wealth possible and that defends their interests globally.

Latest Discussions»Issue Forums»Economy»North Carolina makes pitc...