State Gives Company $1.2 Million

RALEIGH – Gov. Mike Easley said June 24 that Greensboro-based RF Micro Devices is the most recent beneficiary of the state’s One North Carolina Fund economic incentive. Easley’s statement in a press release didn’t mention that the circuit maker received incentives, but the Department of Commerce confirmed the company will receive $500,000 from the governor’s discretionary fund. The News & Record of Greensboro reported that the company “threatened that it might take the jobs to China without local tax breaks.”