Post by Logan on Feb 21, 2016 19:59:01 GMT -6
After two centuries of shared history between DuPont and Delaware, local officials had just 10 weeks to pull together a deal that would secure the company's future in the state it helped to build.
That meant putting together an incentive deal with enough tax breaks, subsidies and capital improvement assistance to keep thousands of jobs in New Castle County.
It also required working together to present an unrelenting sales pitch that would beat out much larger states Iowa and Indiana, a feat many analysts and other outsiders considered unlikely, if not downright impossible.
Seventy days later, Delaware emerged victorious with two out of the three businesses that will eventually be spun off from DuPont's impending merger with The Dow Chemical Co.
Read more: www.delawareonline.com/story/news/2016/02/20/how-delaware-outhustled-other-states-win-ag-unit/80633980/
That meant putting together an incentive deal with enough tax breaks, subsidies and capital improvement assistance to keep thousands of jobs in New Castle County.
It also required working together to present an unrelenting sales pitch that would beat out much larger states Iowa and Indiana, a feat many analysts and other outsiders considered unlikely, if not downright impossible.
Seventy days later, Delaware emerged victorious with two out of the three businesses that will eventually be spun off from DuPont's impending merger with The Dow Chemical Co.
Read more: www.delawareonline.com/story/news/2016/02/20/how-delaware-outhustled-other-states-win-ag-unit/80633980/