Thursday, October 05, 2006

Georgia

I will be out of town until Monday. Before I go, however, I'll leave you with this, from GlobeSt.com:

The total economic incentives package Georgia offered Kia Motors came to $410 million or about $164,000 per job creation, according to the Georgia Department of Economic Development, as GlobeSt.com previously reported. The package includes $75.9 million in job tax credits over five years; $20.2 million for a job training center on the site; and $60.5 million to purchase and prepare the site. West Point and Troup County are offered up to $130 million in property tax abatements over 15 years.

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