CHARLOTTE NEWS TRIAD NEWS TRIANGLE NEWS SANDHILLS NEWS COASTAL NEWS
separator 750px
Header Background
81º F

Wellness Coalition
Carolina On Demand
Neighborhood Calendar
Click here to order a copy of a news story.
Advertise on News 14 Carolina
Click here to let us know what you think about News 14 Carolina.
Check your RR Email
CNN.com

Section Header
Friday, August 29, 2008

FedEx requests more incentives
Updated 07/17/2008 07:14 AM
By: Jonathan Lowe

The public hearing for the FedEx ground incentives package is at Thursday night's commissioners meeting.
GUILFORD COUNTY -- Around a year remains before the massive FedEx East Coast air shipping hub takes off.


"But there's a lot of competition between cities for some of these companies," said Kirk Perkins, chairman of the Guilford County Commissioners, about luring the company to the Triad.


And now the FedEx parent company is hoping for a second helping from Guilford County. Company officials will ask commissioners Thursday night for $952,500 to build a ground shipping center. It would employ 80 full-time workers its first year, making about $40,000 annually.


The 420,000 square foot FedEx ground hub would sit off of Highway 421 on the Guilford County side of Kernersville.


"This will be a hub where packages come in to be rerouted local and all over the Southeast," explained Perkins.


Around a year remains before the massive FedEx East Coast air shipping hub takes off. Where it will be is still up in the air, as the company asks for more incentives.
But Commissioner Billy Yow says he won't approve the incentives.


"I just think it's outrageous with taxes just going up again, on a quarter-million dollar house you're looking at over $400 of taxes, of an increase," Yow said.


The hub is expected to pump some $80 million into Guilford County's commercial tax base and employ up to 470 people in six years.


"That's still not acceptable because they're still going to have emergency service, fire service that the regular tax payers are going to be paying for," Yow said.


The proposed land is just miles from the air shipping hub under construction at PTI airport, but both FedEx ground and FedEx officials say the two operations are two separate divisions.


"But the FedEx air hub will, I'm sure, bring other businesses in when they open next year, that'll want to be within 15-20 minutes of this terminal," Perkins said.


While Perkins says he doesn't yet know if he'll approve the incentives, Yow is convinced the area's skilled workforce is enough reason to do business here.


"In Greensboro and High Point alone, the resources and amenities are plentiful and so you shouldn't have to pay a company to want to come to a good place," he said.


The public hearing for the FedEx ground incentives package is at Thursday night's commissioners meeting. That's at 5:30 p.m. in the old Guilford County courthouse in downtown Greensboro.







Home | Terms of Use | Privacy Policy | Contact Information | Site Map

Copyright ©2008 TWEAN Newschannel of Raleigh, L.L.C. dba News 14 Carolina
Web production by Tipit | Powered by News Gecko
10.11.12.127
Layout image
Weather on the Ones
SnapPoll
8-29-08
How would you rate John McCain's choice of Gov. Sarah Palin as his running mate?



Click here for winning lottery numbers.
Triad


Video, Internet and voice solutions made for your business. TV program listings for your area. Digital Cable channel lineups. Now you can record, pause and rewind live TV, so you never have to miss your favorite shows. With Digital Cable, you get many of your local, cable and sports channels in HD at no extra cost. On Demand allows you to choose from a variety of movies and programs to watch when it's convenient for you. Sign up for All the Best from Time Warner Cable today. Talk with friends and family as much as you like, with unlimited calling in the U.S., Canada and Puerto Rico.Supercharge your connection with blazing fast speeds you can’t get on dial-up.Set yourself up for maximum entertainment with over 200 crystal-clear channels. Time Warner Cable - Piedmont/Triad

Check your RR email by clicking here!