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Josh Stein: “Sometimes we will make investment in infrastructure to…”

Featuring: Josh Stein, Democratic | Governor of North Carolina

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Gov. Josh Stein Highlights New Economic Achievements Across North Carolina

Published | Video Starts at 34:22

The key thing is when we do incentive packages, it's as I said earlier, the state doesn't outlay money to the companies unless the companies meet their goals, their investment goals and their job goals. If they don't, then they don't get the incentive. Sometimes we will make investment in infrastructure to improve a site which the state owns or the county owns, the community college owns, so that if for whatever reason it doesn't work out with that one company, that asset remains. and remains an attractive inducement to the next company to come down the pike. Yes. At this point, almost a year in office, how would you describe. (34:22–34:38)

CLAIM

Asserts that North Carolina invests in infrastructure to retain value even if a company deal falls through.

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