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Posted at 11:31 AM ET, 04/27/2010

McDonnell confirms Grumman move to VA

By Washington Post editors

Gov. Robert F. McDonnell (R) said Tuesday that the state is giving Northrop Grumman $12 million to $14 million in grants and cash incentives to lure the defense giant's headquarters to Northern Virginia, reporter Roz Helderman says.

McDonnell said on his monthly call-in show on that Northrop Grumman's move to Virginia will bring $30 million in taxes to the state over the next decade. About 300 workers, who earn about $200,000 a year, will move from Los Angeles to Virginia when the company relocates to either Fairfax or Arlington counties.

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By Washington Post editors  | April 27, 2010; 11:31 AM ET
Categories:  Virginia  | Tags:  Bob McDonnell, Los Angeles, Northern Virginia, Northrop Grumman, WTOP  
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$200k is a nice salary. No complaints on this deal except more needs to be done to create incentives for Wind Manufacturing for Offshore Windmills (GE, Vestas, Gamesa, etc.,) and Biomass Combined Heat and Power plants that can create hundreds of jobs in the 60~100k range across a wide spectrum from Farmers to Engineers.

VA farmers producing Torrefactioned Biomass (Biomass heated to give it the energy density and water resistance of coal without the pollution) is much better for VA than importing Coal from out of state while polluting everything along it's transportation route.

Posted by: liveride | April 27, 2010 5:05 PM | Report abuse

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