The state of North Carolina and local governments ponied-up $208 million in tax incentives and other deals in order to entice Dell to open up its huge manufacturing plant in Winston-Salem. The place has only been in operation since 2005 and employs nearly a thousand people.
Starting next month and on through the holidays, all of ’em are gonna be looking for new jobs.
Dell announced today that its Winston-Salem factory will be shut down, even though this heinously violates the agreements between Dell and the governments here when Dell first arrived.
How the hell did this happen?
And I hate to say “I told you so” buuuuuuttt… this is so way part of why I despise “economic incentive” deals that local governments use to lure potential businesses to their area. It’s not only ethically wrong, but there is no guarantee for success. If governments want to bolster ...





