Stories of Technology, Innovation, & Entrepreneurship in the Southeast

Knoxville Business News Tennessee Mountain Scenery Background
February 11, 2015 | Tom Ballard

NC Foundation commits $50 million to attract auto manufacturer

Golden LEAF FoundationThink they are serious in the Tar Heel state? North Carolina’s Golden LEAF Foundation has reserved $50 million to help entice an automotive manufacturer to the state. That commitment amounts to what the foundation would normally fund in grants over an 18-month period. Its justification: realizing the goal would be “transformative in nature.” Read more here.


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