Local/State

Dell returns most of money owed

Tuesday, November 03, 2009

City and county officials are giving Dell Inc. a discount for repaying more than $26 million in local incentives early.

Last month the computer manufacturer announced its decision to close its 4-year-old Winston-Salem plant. The computer company was offered more than $300 million in state and local incentives to choose a North Carolina factory site in 2004.

More than 900 employees will lose their jobs.

Dell received a $66,000 discount for repaying the incentive money this week, more than a month before the January 2010 deadline.

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