SITE NOTICE | MORE..SermonAudio Live Webcast Event! We are proud to be partnering with the Reforming Families Conference held this year at the Creation Museum! We are on-location webcasting the event and we hope you'll join us each session! .. click for more info!
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...
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.
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.
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?