SMBC Group
Coverage (2 articles)
SMBC Group Commits to 2,000 Charlotte Jobs in $76 Million Incentive Deal
Jack Beckett·
SMBC Group, the banking arm of one of Japan's three largest financial institutions, has committed to 2,000 jobs in Charlotte over six years in exchange for an estimated $76 million public incentive package.
Mecklenburg County Chair Tells Staff to Explore Litigation Against State Over Property Tax Legislation
Jack Beckett·
Mecklenburg County Commission Chair Mark Jerrell directed staff to explore litigation options against the state of North Carolina after a briefing on four property tax bills advancing through the General Assembly. The board's sharpest target: a proposed constitutional amendment that would cap annual property tax increases, threatening the county's ability to fund $484 million in state-mandated costs.