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Saw this happen a few times. One instance was when NCR (National Cash Register) headquartered in Dayton, OH decided to move to Georgia because it had gotten $60
by rdtsc 9y ago
Saw this happen a few times. One instance was when NCR (National Cash Register) headquartered in Dayton, OH decided to move to Georgia because it had gotten $60M worth (in 2009 dollars) of tax breaks and other incentives there.
It followed the incentives sure, so from that point can't blame it, but it had cost Dayton, an already struggling city, even more pain.
Another motive behind forced moves is to shed experienced (and thus expensive) / senior people who had been there longer. They are more likely to have families, kids in schools, homes, etc and so might not move.
- pfranz 9y agoInteresting podcast talking about companies moving from one side of Kansas City to another: http://www.npr.org/sections/money/2016/05/04/476799218/episode-699-why-did-the-job-cross-the-road http://www.npr.org/sections/money/2016/05/04/476799218/episo...
- turk183 9y agoDell in North Carolina--opened up shop to collect the tax break then rolled up the sidewalks when the break expired.