Dell Refunds Money Early To North Carolina

Computer maker is getting a discount for quick repayment of more than $26 million in local incentives that went for naught when Dell decided to close its North Carolina plant.

Nov 3rd, 2009

WINSTON-SALEM, N.C. (AP) -- Dell Inc. is getting a discount for quick repayment of more than $26 million in local incentives that went for naught when the company decided to close its North Carolina computer assembly plant.

The Winston-Salem Journal reported Tuesday that city and county officials agreed to allow Dell a $66,000 discount for paying the money back this week. A Dell spokesman confirmed the timing.

The money had been due by the end of January.

Dell announced last month it was closing its four-year-old desktop computer assembly plant by the end of January. More than 900 workers will lose their jobs.

The computer company was offered more than $300 million in state and local incentives to choose a North Carolina factory site in 2004.

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