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SATURDAY, APRIL 19, 2014 | TIPS Subscribe to the breaking newsWhat is RSS?
COVER Page ALL News CHOICE VIDEOS User COMMENTS
FRIDAY, OCT 7, 2005| 7 comments
Dell opens new plant in Winston-Salem, NC


Dell's new 750,000-square-foot facility--the company's third and largest plant in the U.S.--will produce the company's OptiPlex and Dimension desktop computer products for eastern parts of the nation.

Dell on Wednesday opened a controversial $100 million manufacturing plant in Winston-Salem, N.C., despite a lawsuit that could force the company to pay back nearly $300 million in state and local tax breaks.

The 750,000-square-foot facility, now the largest of Dell's three U.S. plants, drew fire from critics who are angered that North Carolina taxpayers are subsidizing the plant with tax credits and property tax abatements.

The North Carolina General Assembly authorized a record $242 million in tax incentives for Dell in November 2004. This was followed by an additional $37.2 million in subsidies from Winston-Salem and Forsyth County. The incentives were provided to Dell as a motivation to open its plant in North Carolina rather than elsewhere.

Dell Chairman Michael Dell and North Carolina Governor Mike Easley were on hand for the ribbon-cutting ceremony, but neither mentioned the ...


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· Page 1 ·  Found: 7 user comment(s)
News Item10/9/05 12:55 AM
33k  
arrrrggghh
7

News Item10/8/05 4:41 PM
Jim | Nebraska  
33k the Irish Republic did start out as as Papal state, however, they're just a heavy handed Catholic country now, I should have said they did NOT get their moneys' worth, when it came to the DeLoren car company factory.
6

News Item10/7/05 2:34 PM
33k  
Irish Republic grrrrrr
Wish it was!
5

News Item10/7/05 2:09 PM
Jim | Nebraska  
Robert, the do have to remember that these plants to bring jobs. The Nebraska law, to fire member correctly, says a company has to hire so many people before they get taxpayer money to do this in Nebraska. This law is also controversial here besides. Yes, I don't think the Irish Republic got their money's worth from the DeLorean car plant that was subsidized flag there.

While I do wish Dell Computer success, it is a brand that I never cared for that much, and except for laptops, I rather assemble my own computers -- or at least get a bare-bones system and starred from there.

4

News Item10/7/05 12:14 PM
33k  
Robert, I didn't know that you were such a strong supporter of taxation.

Surely the tax breaks are only advance notice of returning to the business "confiscatory" taxation that governments have no true right to charge in the first place?
I can see issues over partiality but I would have thought the incentives / restitution given would actually fit your economic philosophy?

3

News Item10/7/05 12:08 PM
33k  
DelLorean would be a fitting name change for the occasion.....
2

News Item10/7/05 10:39 AM
Robert Perry | Chaska MN  Contact via email
Let me get this straight; 300 million dollars in tax cuts to get a 100 million dollar plant? Hello? Is there any living neuron in the heads of these government planners?
1
There are a total of 7 user comments displayed | add new comment |Subscribe to these comments
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