Lance A. Scott’s Post

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CEO at Alliance Technologies / CEO at CCM

Pratt & Whitney chose #NorthCarolina over #Connecticut for their new $650 million high-tech jet engine airfoil plant in 2020, just after expiration of their obligation to remain in the State thanks to a $400 million tax credit to their then-parent United Technologies. It was a tough blow to #Connecticut’s #AerospaceAlley and the #advancedmanufacturing supply chain ecosystem that relies on P&W contracts. While I’m very disappointed with their decision, I can understand the motivation to take this impactful decision. #NorthCarolina has just released a new Economic Development Partnership website that incudes a COMPARISON tool to see how other States measure up to North Carolina’s workforce, business climate, and more. The comparisons with #Connecticut are difficult to view, and they soeak to the need for a dramatic shift in economic development for the Nutmeg State. https://lnkd.in/edxuG9is

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Danyel Harris

CEO at SEI Technologies

2mo

Good read!

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