Dell to refund money early to N.C. communities
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The Associated Press
WINSTON-SALEM, N.C. — Dell Inc. (NASDAQ: DELL) is getting a discount for quick repayment of more than $26 million in local incentives that went for naught when the company decided to close its North Carolina computer assembly plant.
The Winston-Salem Journal reported Tuesday that city and county officials agreed to allow Dell a $66,000 discount for paying the money back this week. A Dell spokesman confirmed the timing.
The money had been due by the end of January.
Dell announced last month it was closing its 4-year-old desktop computer assembly plant by the end of January. More than 900 workers will lose their jobs.
The computer company was offered more than $300 million in state and local incentives in 2004 to site the factory in North Carolina.
Copyright 2012 by The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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