North Carolina has terminated a job creation grant for TTI Floor Care North America. The company failed to meet its hiring commitments in Charlotte. As a result, the manufacturer will close its local facility by year-end. TTI Floor Care must repay over $1.3 million to the state. This action highlights North Carolina's performance-based incentive programs.
Charlotte, North Carolina
https://www.charlotteobserver.com/news/business/article317130270.html