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NEWS

Dell returns $1.5 million to state

Tuesday, October 27, 2009
(Updated 2:47 pm)

RALEIGH (AP) — Computer giant Dell Inc. has returned more than $1.5 million to the state after the company announced that it was closing a large computer assembly plant in Forsyth County.

The state Department of Commerce said the company has fully returned grant payments from 2006 and 2007. Officials in Winston-Salem have said the company is also in the process of repaying $26 million in local incentives.

Officials had promised more than $300 million in state and local incentives to lure Dell to the region. The company announced earlier this month that it would close the four-year-old facility by the end of January. More than 900 workers will lose their jobs.

Accompanying Photos

Nelson Kepley

Photo Caption: The Dell plant in Winston-Salem.

Comments

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Interested

October 27, 2009 - 2:59 pm EDT

Good news!

kurgun

October 27, 2009 - 4:33 pm EDT

I wonder just how much of that money will now go to a bailout program for banks.

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