Dell to refund money early to NC communities
Published: November 3, 2009
Updated: November 3, 2009
WINSTON-SALEM, N.C. (AP) - Dell Inc. is getting a discount for quick repayment of more than $26 million in local incentives that went for naught when the company decided to close its North Carolina computer assembly plant.
The Winston-Salem Journal reported Tuesday that city and county officials agreed to allow Dell a $66,000 discount for paying the money back this week. A Dell spokesman confirmed the timing.
The money had been due by the end of January.
Dell announced last month it was closing its four-year-old desktop computer assembly plant by the end of January. More than 900 workers will lose their jobs.
The computer company was offered more than $300 million in state and local incentives to choose a North Carolina factory site in 2004.
—-
Information from: Winston-Salem Journal, http://www.journalnow.com
(Copyright 2009 by The Associated Press. All Rights Reserved.)
Advertisement
Post a Comment(Requires free registration)
- Please avoid offensive, vulgar, or hateful language.
- Respect others.
- Use the "Flag Comment" link when necessary.
- See the Terms and Conditions for details.
Advertisement