2/6/14

Business Journal's Mark Sutter; "the state offered Boeing packages in excess of $600 million if it chose a site in Greensboro..."

"Emails obtained by The Business Journal from Gov. Pat McCrory’s office show a wild few weeks starting in mid-November as the state became aware of, and scrambled to respond to, the opportunity to land a massive Boeing Co. plant.

...that included a discussion of incentives that could have risen to as much as $2.5 billion if a special tax had been pursued and passed by the General Assembly. As it was, the state offered Boeing packages in excess of $600 million if it chose a site in Greensboro, Kinston or Charlotte, plus a tacit understanding that it could pursue additional incentives – such as the tax credit - given enough time and an expression of interest from Boeing.

...“They said that 'financial incentives were not going to determine their final decision but they were not opposed to 'love.'”

"...McCrory was “thinking aloud” at one point, and raised the possibility that Seymour Johnson Air Force Base in Goldsboro “might go away and that could be a possible site as well.” An interesting thing for the governor to think out loud.

• In a Nov. 22 email, Secretary of Commerce Sharon Decker says she had just talked by phone to David Powell, president of the Piedmont Triad Partnership, and Jim Melvin, head of the Joseph M. Bryan Foundation.

...While Decker doesn’t expand on what she means, it’s interesting to note that one of her first calls to Greensboro included Melvin. While the former mayor keeps a lower profile than he once did, he is still clearly considered by the powers-that-be in Raleigh as someone you want to get in the loop ASAP if there’s a big economic development deal to be done in the Greensboro area."

Sutter

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