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Sep 26, 2005

Grants - USA - Case study: Volvo Trucks North America

Greensboro,NC,USA -News Tecord, by Taft Wireback -Sept 25, 2005: -- Grants from the One North Carolina Fund are supposed to be given in competitive situations only when a company needs the money to put its project in the Tar Heel State... The company: Truck maker, based in Greensboro for about 25 years... The project: $10 million headquarters expansion, adding 150 jobs... The offer: $400,000 grant for creating new jobs and investment within three years... The competition: Allentown, Pa., "main" competitor...

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