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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