Incentive Watch

Sunday, June 26, 2005

The new law suit over the Dell incentive package in North Carolina dominated the news last week. Here are some articles:

Group sues N.C. over Dell incentives
Suit challenges Dell incentives package
North Carolina residents sue Dell to keep their $270m
Dell subsidies suit asks for injunction, payback

You can read a copy of the complaint here.

The Dell suit overshadowed another important bit of incentive news last week. Roanoke and the State of Virginia are seeking the return of $1.4 million in incentives from Johnson & Johnson. They say the company failed to meet job targets. Read more.

In other news, Louisiana has paassed two important incentive provisions. The first involves creative media. Read more. The second involves incentives for angel investors. Read more.

Here is an interesting story that contrasts how Connecticut and Massachusetts are responding in a contest over a corporate headquarters. Read more.

Last year, Indiana approved tax credits to encourage venture-capital investment. Only a portion of the available tax credits have been claimed. Read more.

In Rhode Island, the state to have succeeded in keeping one of its oldest manufacturing companies, Brown & Sharpe. Read more.

posted by Ed Morrison |

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