Pratt & Whitney's Special Treatment: Loopholes & Secrecy

Pratt and Whitney, a defense contractor, received special treatment from North Carolina officials for its Asheville plant, including expedited state funding and accountability loopholes. The company, a division of Raytheon, bypassed public comment periods and received local taxpayer subsidies despite not meeting job creation requirements. This has sparked local outrage, leading to the formation of an activist group opposing the plant. The company announced an expansion earlier this year, promising new jobs and investments, but residents were not given a chance to voice their opinions on the latest incentives due to an unusual amendment in the Disaster Relief Bill of 2024, Part Two. DNN | The Daily News Now! The world’s first global local news network. Every city. Every story. AI powered. Hosted on Acast. See acast.com/privacy for more information.