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<blockquote data-quote="DriveInDriѵeOut" data-source="post: 1369290" data-attributes="member: 44954">Free publicity, cheaper labor costs, and millions of taxpayer handouts....Ya, I&#039;m so sure this is about some proposed provisions of legislation that had no chance of passing as it was written.&nbsp; Seems to me like Beretta sold out their Maryland employees to line their pockets.&quot;Tennessee&#039;s incentive package for Beretta totals $10.41 million. Of that, $8 million is through the FastTrack Economic Development Program to assist in construction and building improvements. Another $2.41 million in grants is devoted to job training. The State Funding Board approved the incentive package on Feb. 5.On the local level, Gallatin&#039;s incentives include a 10-year PILOT (payment in lieu of taxes) agreement, with an 80 percent tax reduction depending on the timing of Beretta&#039;s investments and tax appraisals, according to <a href="http://www.bizjournals.com/nashville/search/results?q=James%20Fenton" target="_blank">James Fenton</a>, the executive director of the Gallatin Economic Development Agency. The company is also getting &quot;a considerable amount of assistance&quot; from Gallatin to acquire the land, Fenton said, though he declined to elaborate.&quot;<a href="http://www.bizjournals.com/nashville/blog/2014/02/behind-the-beretta-deal-workforce.html?page=all" target="_blank">http://www.bizjournals.com/nashville/blog/2014/02/behind-the-beretta-deal-workforce.html?page=all</a></blockquote>

[QUOTE="DriveInDriѵeOut, post: 1369290, member: 44954"] Free publicity, cheaper labor costs, and millions of taxpayer handouts.... Ya, I'm [I]so sure[/I] this is about some proposed provisions of legislation that had no chance of passing as it was written. Seems to me like Beretta sold out their Maryland employees to line their pockets. "Tennessee's incentive package for Beretta totals [B]$10.41 million[/B]. Of that, $8 million is through the FastTrack Economic Development Program to assist in construction and building improvements. Another $2.41 million in grants is devoted to job training. The State Funding Board approved the incentive package on Feb. 5. On the local level, Gallatin's incentives include a [B]10-year PILOT (payment in lieu of taxes) agreement, with an 80 percent tax reduction[/B] depending on the timing of Beretta's investments and tax appraisals, according to [URL='http://www.bizjournals.com/nashville/search/results?q=James%20Fenton']James Fenton[/URL], the executive director of the Gallatin Economic Development Agency. The company is also getting "a considerable amount of assistance" from Gallatin to acquire the land, Fenton said, though he declined to elaborate." [url]http://www.bizjournals.com/nashville/blog/2014/02/behind-the-beretta-deal-workforce.html?page=all[/url] [/QUOTE]

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