Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
And a lame one at that. I couldn't keep a straight face when I first read the article. I just lol'd.
Isn't it though? As if they would narrow it down to 2 states, one of which isn't even suitable to host the project. Please. Any supply chain issues would have been filtered out at the beginning of the site selection process, not the very end.
Its obvious that there are political reasons for them to downplay the role of incentives in this project. I bet they will go to great pains to avoid the issue at the announcement.
Isn't it though? As if they would narrow it down to 2 states, one of which isn't even suitable to host the project. Please. Any supply chain issues would have been filtered out at the beginning of the site selection process, not the very end.
Its obvious that there are political reasons for them to downplay the role of incentives in this project. I bet they will go to great pains to avoid the issue at the announcement.
Agreed. I'm definitely looking forward to seeing the official announcement, as well as the reactions from the General Assembly. I bet Cooper is livid. I'd love to be a fly on the wall in the Governor's Mansion...
Isn't it though? As if they would narrow it down to 2 states, one of which isn't even suitable to host the project. Please. Any supply chain issues would have been filtered out at the beginning of the site selection process, not the very end.
I would guess Toyota had decided they wanted Alabama, but kept the rumor out there that NC was still in the running (even though it wasn't), in order to squeeze some extra incentives out of Alabama. They knew NC was desperate for a plant so kept discussions up with NC and made sure Alabama knew about, all the while choosing the superior location and doing their due diligence to get the most incentives possible for that Alabama location using NC as a tool to get it.
Toyota has existing relationships with Mississippi, Kentucky, Texas, Indiana, and West Virginia and likely did not want to use those states as a pawn and damage relationships with them. Bad blood with North Carolina though going forward... what's it to Toyota?
I would guess Toyota had decided they wanted Alabama, but kept the rumor out there that NC was still in the running (even though it wasn't), in order to squeeze some extra incentives out of Alabama. They knew NC was desperate for a plant so kept discussions up with NC and made sure Alabama knew about, all the while choosing the superior location and doing their due diligence to get the most incentives possibles for that Alabama location using NC as a tool to get it.
NC is the worst possible stalking horse in that situation. Under that scenario, SC, KY or TN would have been much better choices. The idea of using low incentive NC to squeeze more incentives out of AL doesn't make any sense.
So how did Alabama solve the Chicken and the Egg problem ?
By snagging auto manufacturing plants years ago.
Quote:
Originally Posted by BC1960
NC is the worst possible stalking horse in that situation. Under that scenario, SC, KY or TN would have been much better choices. The idea of using low incentive NC to squeeze more incentives out of AL doesn't make any sense.
I'm actually thinking the Senate election results had something to do with it. Alabama was 'rewarded' for not electing Moore.
It actually is worth it. Auto plants have a multiplier effect so 4,000 jobs turn into 20,000 after adding in the supplier network that would need to be created. Economic impacts would be in the billions for a state of our size.
It is worth it indeed if you are an elected member of the North Carolina General Assembly working hard to bring in industries that will eventually create more than 4,000 jobs. If you do not land the industry in an election year, constituents viewing candidates on job creation will view the incumbent with disdain.
North Carolina is the only southern state without a car manufacturing plant. What to do?
Neither do Virginia, Florida, Louisiana, or Arkansas.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
