Winston-Salem, Business, News, Events, Greensboro, Technology, IT Services

Well it’s going to cost us all just like it did for the Dell deal but maybe this time they have at least decided to pick an industry with some legs under it. For those that don’t remember Dell was in the middle of off-shoring it’s operations when it opened the Winston-Salem plant in which millions of both reported and unreported incentives were provided. This time I think we are looking at a company with a long history and solid finances so maybe this one sticks around.

With upwards of $23.5 million in direct local incentives and $50 million in state incentives Caterpillar may employ upwards of 500 people. but are those jobs worth nearly $100 million? Time will tell considering we still don’t know what all our “leaders” have promised other than tax breaks.

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