Lake Sinclair Topics: Steel Mill Incentives.
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Name:   rude evin The author of this post is registered as a member - Email Member
Subject:   Steel Mill Incentives.
Date:   5/15/2007 10:09:19 PM

In economic development circles, projects like this generally are thought to have a multiplier factor of about 7 times, meaning that money spent will turn over in a given community about 7 times before it peters out. I would think that this project would be a good bet for a high turnover when you consider that suppliers will want to locate as close as possible along with other ancillary providers of goods and services. The real questions tax payers probably should want to ask are, did they offer the absolute minimum they could and still get the big prize, will this cause a burden on local communities that the state will not help with and are the local communities ready for the unprecedented changes these type projects will bring about.
Other messages in this thread:View Entire Thread
Steel Mill Incentives. - Rich1979 - 5/15/2007 1:00:16 PM
     Steel Mill Incentives. - Pier Pressure - 5/15/2007 2:53:35 PM
     Steel Mill Incentives. - head - 5/15/2007 7:36:48 PM
     Steel Mill Incentives. - rude evin - 5/15/2007 10:09:19 PM
     why we're giving it away - bug - 5/15/2007 11:07:41 PM
          Another example - Osms - 5/15/2007 11:48:10 PM
               Another example - JohnGalt - 5/16/2007 8:28:03 AM
                    Competing?? - Osms - 5/16/2007 8:36:41 AM
                         Competing?? - Tallyman - 5/16/2007 10:37:22 AM
                              It's less expensive!!! - Osms - 5/16/2007 12:42:30 PM



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