Nebraska, with a population of under 2 million and an annual budget of $18 billion somehow found enough money to lure a Pennsylvania manufacturer(and up to 90 jobs) to the Cornhusker State, yet Pennsylvania, with 12.6 million people and a General Fund budget of $28 billion, couldn't come up with financial incentives to keep the jobs in the Keystone State.
What's wrong with this picture?
Can one of you Ed Rendell lovers out there shed some light on the subject? "Fast Eddie" is always bragging that he's pouring billions of dollars into economic development. How could he allow Nebraska to steal away a manufacturing firm that traces its Pennsylvania roots to the 1920s?
From an article in The Pottstown Mercury about NEAPCO Components moving to Nebraska:
Neapco Components announced Friday it will be phasing out manufacturing at its Pottstown facility over the next 18 to 24 months, eliminating 70 to 90 jobs.Read the full story at the newspaper's Web site.
The manufacturing operations from Pottstown will be moving to Beatrice, Neb., said Neapco Executive Vice President and General Manager Keith Sanford.
"Why Nebraska versus Pottstown?" Sanford said. There were "financial incentives (offered) by the state of Nebraska."
Sanford said the move to Nebraska was an obvious business decision.
Originally posted at TONY PHYRILLAS
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