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MTSU News Summary for June 1999

Dr. Reuben Kyle, Economics and Finance, was quoted in the DNJ about Dell Corp. moving to Davidson County. He said Rutherford County will benefit because some of the suppliers for Dell will locate in Rutherford County. In a subsequent DNJ article, Dr. Kyle says the BERC predicted the Dell Corp. facility will more than pay back a hefty incentive package offered by Mayor Bredesen.

Dr. Bill Ford, Weatherford Chair of Finance, said that stores open for more than a year in Nashville showed an increase in sales of 2.7% over last year, noted the DNJ.

Dr. James Burton was pictured in the DNJ along with an article announcing his new position, as of Aug. 1, as dean of the College of Business.

The Tennessean did an independent analysis of the "Dell deal" and found that indirect costs were not included in the first proposal presented by Mayor Phil Bredesen. The indirect costs would be over $171 million over a 40-year period, reported the Maryville Daily Times, Athens Post-Athenian, Paris Post Intelligencer, Sevierville Mountain Press, Cleveland Daily Banner, Oak Ridger, Jackson Sun, and Greeneville Sun.

Mayor Phil Bredesen said the Tennessean's analysis was "dead wrong." He cited The Tennessean as saying, "Any time you bring any jobs to the city, even though there are no incentives, it is a bad thing for the city. That doesn't even meet the common sense test." Bredesen still cites the MTSU study that estimates the benefits to be $97 million over 40 years, according to articles in the Columbia Daily Herald, Johnson City Press, Bristol Herald Courier, Athens Post-Athenian, Kingsport Times News, Paris Post Intelligencer, and Dyersburg State Gazette.

 

 
 
 
 
 
 
 
 
 

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