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ARTICLE · 24 MAY 2017

Economic Development Digest (May 2017)

Womble Bond Dickinson
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An economic development board in California has approved an $8 million tax credit for General Motors to bolster the company's autonomous vehicle division with more than 1,100 hires statewide.

United StatesStrategy
Stephanie L. Yarbrough
Stephanie L. Yarbrough
John Hunter
John Hunter
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CALIFORNIA

  • GM Receives an $8 Million Tax Break for Self-Driving Car Campaign, Los Angeles Times (April 14, 2017) An economic development board in California has approved an $8 million tax credit for General Motors to bolster the company's autonomous vehicle division with more than 1,100 hires statewide.

Read the full Los Angeles Times article.

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COLORADO

  • The Colorado Economic Development Commission Offers $33 million for 1,500 High-tech Jobs, Denver Business Journal (April 20, 2017) $12.7 million was offered to Lockheed Martin (NYSE: LMT) and $20.3 million to an unnamed software company in an effort to create 1,500+ high-paying jobs in the Denver metro area.

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