Dell to refund money early to NC communities

by the Associated Press
Published/Last Modified on Tuesday, November 3, 2009 7:45 AM EST

WINSTON-SALEM (AP) — Dell Inc. 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.
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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 four-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 to choose a North Carolina factory site in 2004.

Copyright © 2009 Roanoke Daily Herald

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