Sunday, February 17, 2013

Washington made bid to host Nike expansion

VANCOUVER, Wash. ? The city of Vancouver and state of Washington made a bid for Nike expansion last year before Oregon lawmakers gave the Beaverton company a tax deal to keep growing within the state.

Vancouver officials backed by then-Gov. Chris Gregoire pitched a corporate campus once occupied by Hewlett-Packard.

Records obtained by The Columbian show Nike was offered more than $8 million to expand at Vancouver. Officials promoted the site and talked about possible concessions with the commercial real estate firm, Newmark Grubb Knight Frank, representing Nike.

Nike decided to expand in Oregon after Gov. John Kitz?haber called a special session of the Legislature in December. It passed a law giving the company 30 years of tax certainty in return for a promised $150 million investment with 500 jobs.

Source: http://feedproxy.google.com/~r/rgbusiness/~3/6Lcjyj2p-Z4/nike-vancouver-oregon-state-tax.html.csp

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