You rarely hear what is happening in other states that also use incentives. In this instance, luring jobs away from NC as we spend money to lure jobs here. In the end, we simply end up getting less revenue per job. But that seems to make sense to economic development types, NC Dept of Commerce and legislators. From Michigan:
Bolton & Associates is a Maryland-based civil engineering and land
surveying firm that plans to expand from a dozen employees to more than
150 over the next four years.
The expansion will involve
spending $1 million on computers, equipment and personal property
improvements at its Southfield Town Center offices.
?Work would
come here from out of the Maryland corporate office, from the North
Carolina sales office, all our other offices,? Jacobson said.
Also announced last week:
– Generic drugmaker Caraco Pharmaceuticals Ltd.
plans to add 598 jobs as part of a $14.5 million, 140,000-square-foot
expansion of its southwest Detroit manufacturing operations.
– German auto supplier Kolbenschmidt Pierburg AG plans to create 153 new jobs at its new KSPG North American Technical Center in Auburn Hills.
All three companies had considered competing locations in the Carolinas, among others. Where’s the press release from Gov. Easley on the jobs we’re losing everyday to other incentives? And isn’t it funny that we never really heard about these companies considering locations here in NC??
