North Carolina's Caldwell County Wants Some Google

North Carolina is offering Gooogle $4.7 million to establish operations in Caldwell County. The following is from North Carolina's governor Mike Easley.

   "This company would provide the kind of good-paying, 
    knowledge-based jobs that North Carolina citizens want. 
    In addition, this kind of investment in Caldwell County 
    would help reinvigorate an area hard hit in the past by 
    the loss of textile jobs."

There are conditions attached to North Carolina's offer.

   "Google would have to create at least 168 jobs with average 
    annual salaries of more than $48,000 and invest at least 
    $480 million by Dec. 31, 2010, to receive the full amount 
    offered by the state's Economic Investment Committee."

Google might be interested in Caldwell County because the company is always looking for places with lots of available (and affordable) energy. North Carolina's Caldwell County use to have lots of factories; therefore, it has a power grid readily available.

Exercises
  1. 4.7 million is ______% of 480 million.

  2. If Google moved into North Carolina on 1 January 2008, the company would have to pay $_____________ per year over the span of the next three years.

  3. Google's North Carolina payroll would approximate $_____________ per year.

Update::2007.01.19

Kudos to Google for finding North Carolina.

Via the AP (Associated Press): "Search engine giant Google Inc. plans to spend up to $600 million to build a data center in North Carolina."

   potential # of jobs:  210
   where:  Lenoir County (60 miles northwest of Charlotte)
   average annual salary:  $48,300.

Lenoir County, NC, is not Caldwell County, NC.

Wikipedia.org:: Lenoir County, North Carolina


Creator: Gerald D. Thurman [gthurman@gmail.com]
Created: 03 January 2007

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