Forza X1 Plans Marion, North Carolina, Manufacturing Complex
Aug 3, 2022Over the course of 12 years, the project is estimated to grow the state's economy by $479.1 million. Using a formula that takes into account the new tax revenues generated by the new jobs, the agreement authorizes the potential reimbursement to the company of up to $1,367,100, spread over 12 years. Payments for all JDIGs only occur following ...