Sunday, July 17, 2011

50 Jobs In The Future Offset by 700 lost now

M&T Bank and Delaware Gov. Jack Markell announced Wednedsay that M&T Bank will build a new $20 million, 20,000-square-foot data center in M&T Bank's existing operations facility in Millsboro, Del. Approximately 50 jobs will be added, between the expansion of the call center and the building of the data center

M&T is eliminating more than 700 jobs at its Wilmington as operations are consolidated.

How much did this cost the taxpayers by way of grants and tax concessions?

Let's celebrate

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