NC approves deal to bring Chiquita from Ohio


Tags: , , , , ,

Submitted: Tue, 11/29/2011 - 5:08pm
Updated: Tue, 11/29/2011 - 5:12pm
By:

By EMERY P. DALESIO
Associated Press

RALEIGH, NC (AP) — A North Carolina economic development panel has approved a $22 million incentives deal to bring the global headquarters of banana giant Chiquita Brands International from Cincinnati to Charlotte.

The state Economic Investment Committee voted Tuesday to approve the deal, which includes more than $20 million in state incentives and more than $2 million from local government.

The panel says the move of Chiquita’s headquarters, along with research and development laboratories, will bring about 375 jobs to the state by 2014. The jobs are supposed to pay an average of about $107,000.

Committee members say the incentives were needed to give Charlotte an edge over Ohio, Florida and Louisiana.

Messages were left with the company in Cincinnati. A formal announcement was expected later Tuesday in Charlotte.

(Copyright 2011 by The Associated Press. All Rights Reserved.)

Leave a Reply

Be the First to Comment!