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$200 million may be offered Dell to locate in NC
Raleigh Noise & Disturber ^ | 10/29/2004 | AMY MARTINEZ AND DAN KANE, Staff Writers

Posted on 10/29/2004 11:30:03 AM PDT by Prospero

An economic incentives package intended to lure a Dell computer assembly plant to the Triad was shaping up Thursday to be one of the state's biggest ever. Legislators said the package, which still was being negotiated, could be worth up to $200 million over the next 20 years, surpassing most other efforts to bring jobs to North Carolina.

Dell, a maker of personal computers based in Round Rock, Texas, is shopping for a site on the East Coast to put a 2,000-worker plant. Gov. Mike Easley has called a special legislative session for next week hoping to close a deal that's been in the works for at least five months.

But some technology companies already doing business in North Carolina urged legislators to exercise caution, suggesting that the state runs the risk of angering corporate citizens with a package that may be regarded as overly generous. One such company, IBM, competes with Dell for personal computer sales.

(Excerpt) Read more at newsobserver.com ...


TOPICS: Business/Economy; News/Current Events; US: North Carolina
KEYWORDS: ballantine; dell; easley; manufacturing; specialsession
Comment from unnamed staff, NC Senate Republican Leader's Office in Raleigh: Dell went to TN for two plants that employ approximately 3000 for $160 million, free land for the plant, and 30 and 40 year tax exemptions. We'd only see one plant that would employ 1,900 (interesting that in today's report that number is now 2,000). I'd stick with the smaller number. Any word for non-tax break incentives. It just doesn't seem right for us to pay more for less jobs.

As the Russians say, or used to say, "this is Spectikal," designed for pre-election consumption.

How about just using Golden Leaf (one of the three Tobacco Settlement fund Easley is about to crack to pay for this deal, after insisting he couldn't and wouldn't tamper with the court settlement agreement - see HERE.) to buy Dell notebooks for the school kids living in Tobacco affected communities.

So odd to call a Special Session two days after an election, with a lame duck legislature, to pass another incentives package. All those politicians and the voters will be too wiped out to put up much of a fight, and, it would be pretty hard to do something further away from the next election.

Something stinketh in Denmark, NC.

1 posted on 10/29/2004 11:30:03 AM PDT by Prospero
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To: Prospero; SheLion

As a smoker and a not-too-thrilled-with-Dell Inspiron owner I don't want ANY tobacco settlement money going to Dell.

I don't which I hate more,the tobacco companies or Dell.


2 posted on 10/29/2004 11:34:53 AM PDT by Mears
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To: Mears
Save some of that anger for Easley...
3 posted on 10/29/2004 12:11:59 PM PDT by Prospero (Ad Astra!)
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To: Prospero; TaxRelief; Helms; 100%FEDUP; 2ndMostConservativeBrdMember; ~Vor~; A2J; a4drvr; Adder; ...

NC *Ping*

Please FRmail Constitution Day, TaxRelief OR Helms if you want to be added to or removed from this North Carolina ping list.
4 posted on 10/29/2004 12:13:39 PM PDT by Constitution Day (I don't know where the sunbeams end and the starlights begin, it's all a mystery...)
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To: Constitution Day

I'm torn. I want my brother to get out of Austin, but not like this!


5 posted on 10/29/2004 12:25:49 PM PDT by annyokie ("I have a plan" ™)
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To: Mears; Prospero; Just another Joe; Great Dane; Madame Dufarge; Gabz; MeeknMing; steve50; ...
How about just using Golden Leaf (one of the three Tobacco Settlement fund Easley is about to crack to pay for this deal, after insisting he couldn't and wouldn't tamper with the court settlement agreement - see HERE.) to buy Dell notebooks for the school kids living in Tobacco affected communities.

As a smoker and a not-too-thrilled-with-Dell Inspiron owner I don't want ANY tobacco settlement money going to Dell.

The Tobacco Settlement money was supposed to go for health care for people who are uninsured, for prescription drugs and for sick kids.  This money was not supposed to be used to fund a computer corporation or for golf courses and race tracks.  This is rediculous!

6 posted on 10/29/2004 12:42:07 PM PDT by SheLion ( Rove knew that sKerry was a man that stood for nothing and therefore would fall for anything.)
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To: Prospero

Once again, the liberals in Raleigh take money from us poor Westerners to line their pockets.


7 posted on 10/29/2004 2:45:47 PM PDT by snopercod (Inflation, it's how wars are paid for.)
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To: SheLion

Easley also stole money from a fund designated for water/sewage system improvements to buy a park near Hendersonville.


8 posted on 10/29/2004 2:47:43 PM PDT by snopercod (Inflation, it's how wars are paid for.)
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To: snopercod

You got that right. The state ends at Old Fort as far as Raleigh is concerned.


9 posted on 10/29/2004 2:55:42 PM PDT by Rebelbase (Kerry hunting is like Bush going to a gay disco just to prove he's not homophobic (thanks QLA))
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