Monday, January 01, 2007

Fidelity to Give RTP Huge Boost and Vice Versa

Among the biggest stories of 2006 is Fidelity's announcement to build a campus on 268 acres in RTP. The Research Triangle Foundation estimates the company could eventually bring 4,000 jobs and as much as $300M in investments.

NC Economic Developers offered an aggressive package to Fidelity to win the business. Highlights include:

-Job Development Investment Grant valued at $54.6 million, the largest JDIG ever offered by the state;
-$2 million grant from the state's One North Carolina Fund;
-$3.88 million in corporate sales tax rebates;
-$4 million training and screening program;
-$3.24 million Wake County tax grant;
-$1 million in infrastructure improvements.

Read the TBJ article at: Fidelity picks RTP for 2,000 jobs - Triangle Business Journal:

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