So some history, a few years ago, NC bent over backwards in attracting Dell to come to NC. All kinds of tax breaks and incentives were given to them. So now, the recession hit, they are closing the plant, 900 workers are gone and NC is out literally millions of dollars that they gave Dell. I’ve never liked the idea of a states bidding for business with lucrative incentives like tax breaks. They never work in the states or public good’s favor. Frankly, I think it should be illegal for states to gamble away tax payers money like that. A company should locate a facility based on the merits of the state, the available talent pool, utility costs, land costs, etc. Not by how much money a state can stuff in their pocket. It’s been an ongoing trend here in NC and I just think it’s worth the cost in the long term.
Dell Inc. DELL will close a North Carolina plant, putting some 905 employees out of work, as the personal-computer maker continues its restructuring.The company is in the midst of cutting $4 billion in costs the next two years as Dell deals with slumping profits and still-weak demand, especially among its key corporate customers.