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Jon Talton

Analysis and commentary on economic news, trends and issues, with an emphasis on Seattle and the Northwest.

Category: Economic development
September 11, 2014 at 10:10 AM

Nevada’s impossible Tesla gamble

I have hesitated to comment on Nevada beating out several states to win a coveted battery factory for electric automaker Tesla. After all, with Washington giving Boeing nearly $9 billion in tax breaks for the 777X, it might seem like a “pot, meet kettle” situation. But there are important differences. While distasteful and bowing to corporate…

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Comments | More in Economic development | Topics: Boeing, Nevada, Tesla Factory

March 13, 2014 at 10:27 AM

In the incentives game, the house always wins

In 2011, North Carolina provided $22 million in incentives to lure the headquarters of Chiquita Brands International to Charlotte from its longtime home in downtown Cincinnati. The company jumped at the offer, especially because it was no longer controlled by Cincinnati financier Carl Lindner. After much celebration, Charlotte slipped on the banana peel. Earlier this week,…

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Comments | More in Economic development | Topics: Boeing, Incentives