By
The Associated Press
.
Published: Fri, July 18, 2008 - 2:38 pm
Last Updated: Fri, July 18, 2008 - 2:40 pm
MOBILE, Ala. (AP) - Gov. Bob Riley says the price for Alabama to land the Volkswagen assembly plant proved too steep.The governor says the competition with Tennessee reached the
point where Alabama didn't want to keep raising the offer. Alabama
offered a package that included $205 million in cash, plus another
$181 million in tax breaks, job training and other considerations.
Riley said it was the most the state ever offered for an auto
plant. Riley made the comments while attending the Farnborough
International Airshow in London.
(Copyright 2008 by The Associated Press. All Rights Reserved.)
Big Proration Decision
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Right ! We didn’t want to give away that new State house for our state Legislators so they wont get wet when reporting to work or a good and well deserved pay increase, I can certainly see the logic in that.—- NOT !