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August 24, 2005

Company to N.C. Officials: Pay up or else

    Lenovo Group, the Chinese company that bought IBM's personal computer business in May, wants the state and Durham to put together an incentive package worth about $14 million to keep the company and its 1,800 workers in the Research Triangle Park area. Documents obtained by The Herald-Sun say Lenovo, which is operating temporarily out of IBM buildings, wants to build a $75 million campus and is looking at sites in Durham and Wake counties. The company estimates that it would add 400 new workers by 2009.

More here.


Posted by tedb at August 24, 2005 06:46 PM



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