HP scores another local company, again with taxpayers’ help:
The One North Carolina Fund (formerly the Governor’s Industrial Recruitment Competitiveness Fund) was created in 1993 to help North Carolina achieve its stated goal of economic growth through uniform regional prosperity.
The fund currently consists of nonrecurring appropriations made by the General Assembly, intended to be immediately available for companies seeking to undertake new expansion or locate new operations in the state. The immediacy of the fund allows the Governor to distribute grants on an “as-needed” basis, which ensures the Fund’s flexible application and speedy distribution.
OK, I realize it may have just made sense for Lodging by Liberty to consolidate its operations in High Point. But I still have to wonder: does anyone move to High Point just because it’s, well, High Point?
