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Friday, December 05, 2008
Goo-Goo-Google, Goodbye?
North Carolina, rooked again?
Google on Thursday formally withdrew its application to get incentives under the [North Carolina] state’s Job Development Investment Grant program. The company in 2007 won a JDIG award, which gives companies tax withholdings in return for creating jobs and making investments, but it never signed the documents to cement the deal.
According to the state, Google was to get $4.7 million for creating 210 jobs and spending $600 million over four years.
But that’s not how it’s turned out so far. Google has built one data center building where it employs about 50 people – fewer than the 100 it expected to hire initially. And construction has stalled on a second building now that workers have finished its shell.
Sources tell Triangle Business Journal that the company has informed all construction workers, from engineers to laborers, that there won’t be any more work on the site for a while.
Labels: corporate welfare, Google
