Nike Goes Ahead With Investment In New Arizona Manufacturing Plant

www.oann.com | 4/23/2016 | Staff
(Reuters) – Nike Inc said on Thursday it will open a manufacturing facility in Goodyear, Arizona, with a likely investment of at least $184 million, going ahead with the site after the state of Arizona last week withdrew an incentive package following the footwear maker’s cancellation of a controversial sneaker.

Nike, which said the expansion is expected to generate more than 500 full-time jobs, made no mention of the loss of the $1 million incentive in its statement on the new facility.

Request - Comment - Statement - Plant

Nike responded to a request for comment with a referral to its statement announcing the new plant.

Last week, Arizona Governor Doug Ducey, a Republican, withdrew the incentive for Nike to build the plant after...
(Excerpt) Read more at: www.oann.com
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