Virginia’s Loving Package for Rolls-Royce ($56.8M) Wins New Plant -TechWire Insider

Updated Nov. 21, 2007 at 7:55 a.m.

Virginia’s Loving Package for Rolls-Royce ($56.8M) Wins New Plant

Rolls-Royce jet engines will be built in Virginia.

By Rick Smith, LTW Editor

North Carolina was one of the states competing for the Rolls-Royce deal, but Virginia showed it is more than just the state for lovers, as its tourism slogan says. Copyright 2013 by Capitol Broadcasting Company. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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Incentives are fine...but there needs to be a recourse if the plant/company doesn't live up to it's end of the bargain. Pet Peeve is WalMart coming in to a town, getting tax breaks and infrastructure help, then 5-7 years later moving down the road across a town line or county line and leaving a huge empty store.

anonymous
November 22, 2007 7:28 a.m.

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