Incentive Watch

Saturday, March 12, 2005

Perrysville, OH has put together a $6 million incentive package in an effort to lure the headquarters of Owens Illinois out of downtown Toledo, a distance of about 12 miles. From a regional perspective, this is goofy. Read more.

Michigan has been investing in heavy incentives to build on its strengths in auto manufacturing and innovation. Read more. During the North American International Auto Show in Detroit in January, a panel of auto experts made predictions about Michigan's future in the industry. Learn more.

The mayor of Cleveland is proposing a new incentive for employers who move to downotown. Modeled after a similar program in Columbus, the incentive is a payment equal to 50% of the yearly income tax payment paid by employees. The incentive requires verification based on payroll records. In this feature, the incentive program follows the Oklahoma Quality Jobs incentive. Learn more. Here's background on the Columbus program.

Albuquerque thought they had the deal in the bag, but the Aviation Technology Group of Englewood, CO has reopened the bidding for the factory to produce its new Javelin aircraft. Read more.

Georgia's legislation to shield economic development negotiations from public scrutiny has apparently died. Read more. Appropriately, the governor successfully dodged, when the press sought to understand his position. Learn more.

posted by Ed Morrison |

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