Monday, October 20, 2014

Follow us:
News 14 Carolina is on Facebook Follow us on Twitter! RSS 

News

MetLife hired McCrory's former firm for NC deal

  • Text size: + -

RALEIGH (AP) -- Gov. Pat McCrory's office says his involvement was very limited ahead of the decision to offer insurance giant MetLife Inc. up to $94 million in state incentives to move 2,600 jobs to North Carolina.

McCrory dodged questions Friday about one of the largest jobs announcements in North Carolina in years. MetLife hired the governor's former employer to help arrange one of the largest incentives packages in state history aimed at one company.

As governor, McCrory signed a $2 million grant MetLife could collect if it meets job-creation targets. Several of the governor's top aides serve on a committee that approved a grant that could be worth as much as $87 million to MetLife over 12 years.

Other state and local government perks make the total offered MetLife almost $100 million.

Copyright 2013 Associated Press. All rights reserved.
This material may not be published, broadcast, rewritten or redistributed.

10.11.12.247 ClientIP: 54.81.166.199 UserAgent: CCBot/2.0 (http://commoncrawl.org/faq/) Profile: TWCSAMLSP