Monday, June 6, 2011
New Jersey Pays $102 Million to Move Electronics Firm Down the Road - FOX News
The tab was $102 million dollars.
That's how much New Jersey taxpayers just ponied up to move one well-known electronics company 9 miles down the road.
Panasonic signed a 15-year lease to move to Two Riverfront Center in downtown Newark from Secaucus, N.J., after being in the market and fielding offers for a new corporate home from states including Georgia, California and New York.
CEO Joseph Taylor said at a press conference following the lease signing
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