The local daily had this to say about an economic development package awarded for Charlotte:
The state Economic Investment Committee voted Tuesday to approve the deal, which includes more than $20 million in state incentives and more than $2 million from local government to bring at least 375 high-paying jobs to North Carolina by 2014. . . . Members of the committee said the move of Chiquita’s headquarters, along with research and development laboratories, will eventually bring a total of about 417 jobs to the area. The jobs are supposed to pay an average of about $107,000. . . .
Profits were $61 million in 2010, down from $91 million the previous year. . . . The company is in a cost-cutting drive and Ohio officials said they were unwilling to go as far as North Carolina to keep Chiquita in Cincinnati, where it employs about 400 workers. . . . “The company has issues beyond what incentives can address,” said Rob Nichols, a spokesman for Ohio Gov. John Kasich.
