Report: State Must Decide On Global TransPark Future

The North Carolina General Assembly's government watchdog agency says a state-owned industrial park created 20 years ago has made progress recruiting businesses and well-paying jobs, but lawmakers need to decide whether to keep funding it.

The report on the Global TransPark in Lenoir County released Tuesday by the Legislature's Program Evaluation Division also said lawmakers need to establish a repayment schedule for the $40 million owed to the state by the TransPark's governing panel.

The TransPark has received nearly $250 million from state, local, federal and private sources since it began in 1991. The report found the TransPark now is home to about 370 jobs with average salaries well above the Lenoir County average. Spirit AeroSystems is supposed to generate hundreds more jobs by 2014.

(Copyright 2011 by The Associated Press. All Rights Reserved.)

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  • by MADMAXMAMA on Apr 19, 2011 at 01:47 PM
  • by Mack Location: East of I-95 on Apr 19, 2011 at 12:31 PM
    The Global TransFarce
  • by mary Location: snow hill on Apr 19, 2011 at 12:12 PM
    CUT IT LOOSE! It has been a joke since day one...the people that talked the state into this waste of money made their money and got out...
  • by Anonymous on Apr 19, 2011 at 11:48 AM
    This has been the biggest scam ever brought on the taxpayers of North Carolina. Many of Perdues friends that live in Lenior County are now very very rich. Rich enough to furnish her with airplane flights that were questionable. We have got to stop this.
  • by Fact Bringer Location: Greenville on Apr 19, 2011 at 11:10 AM
    Even with the indirect commerce that this global transpark generates, I don't think it's in a region that's particularly accommodating to new employers. Schools are still fighting about segregation, crime is poor, and the work force is barely educated if at all. This region is stuck in the agricultural era.
  • by G on Apr 19, 2011 at 10:31 AM
    The first people to be refunded should be everyone who had to pay an extra $5 to register their car for a few years.
  • by ralph Location: ahoskie on Apr 19, 2011 at 10:29 AM
    the people who paid for the transpork with extra license plate fees should be made majority shareholders- 55% of the shares-the rest of the state's residents for full time it has been there, get ten shares each.... then take the thing public- and folks can either add to their position or sell their shares on the open market. This will raise revenue and the folks can vote on what it does and who runs it, and what prices to charge.
  • by Lubba Location: Serious?? on Apr 19, 2011 at 10:06 AM
    After 20 years of funding and it's still needs State funds to survive........Shows how much common sense our politicians have. Time to cut it off and spend the money on needed areas. Stop making certain people rich off our tax dollars. This has been one of the biggest waste of NC tax dollars ever, but Purduedue wants to keep it.....what a joke. Also get rid of the eastern and western house of the governor. I know bev, this would make your son and a good friend unemployed, but STOP WASTING MONEY!!!!!!!
  • by TaxPayer Location: GTP Zone on Apr 19, 2011 at 09:58 AM
    Not a very good return on the investment of our money.
  • by Anonymous on Apr 19, 2011 at 09:45 AM
    How about for starters change the name from Global Transpark to Lenior County Air Strip to Nowhere. And then maybe work its way up. Dump the funding. I would rather see the money go to Lenior county schools.
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