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This report comes from the state of North Carolina, city of Greensboro. This is where I happen to reside.
The county here (Guilford) has been trying to land Honda Aircraft Co. small jet plant to be built at Piedmont Triad International Airport. That's no big deal since this area could definitely use the employment.
Honda, as do most companies' in this day and age, wants a few tax incentives from the city,county,as well as the city of High Point and Winston-Salem.
The new company is seeking a total of $1.2 million in economic incentives from the county and the city of Greensboro, as well as $100,000 from the city of High Point and $100,000 from a group in Winston-Salem, commissioners said. Honda would employ 300 people at an average $72,000-a-year salary, commissioners said.
Honda Aircraft announced last summer that it would open its headquarters at PTI, but the big prize — a manufacturing operation — was still to be determined. Entire Article
I think that it is in the best interest of the cities involved to approve the economic tax incentives that Honda is seeking. This is as long as the cities and the county do not go nuts with the incentives like they did with Dell ($242 million with state incentives and $37 million from Winston-Salem)
We already have the Honda headquarters so now let's go get the manufacturing facility also!
