Thursday, March 16, 2006

ABC News: How Did Georgia Lure Korean Carmaker?

From ABC News: Georgia to pay $160K in Incentives for Each Kia Job

Georgia is paying $400 million in incentives to get the recently-announced Kia plant. We may never know what kind of offers were on the table to get Ford and GM to keep open their existing plants, but I have a hunch that the offers were lower. Both Ford & GM decided to close their Georgia facilities.

ABC News: How Did Georgia Lure Korean Carmaker?

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