Reports: Intelsat Passes Up Bethesda; Will Move HQ To Tyson's
Satellite giant has officially announced its move to Tyson's Corner, despite an "agressive" incentives package offered by Montgomery County, according to reports.
Satellite giant Intelsat announced Monday it will move its Washington, DC-based U.S. headquarters and its 430 employees to Tyson’s Corner in mid-2014, the Washington Business Journal reports. The company looked closely at an East-West Highway office tower under construction by Carr Properties in Bethesda, the Business Journal reported last month, and was offered “a very aggressive incentives package” to consider re-locating to Montgomery County. According to the Business Journal’s latest report, Intelsat CEO David McGlade remarked to Virginia Sen. Mark Warner that the satellite services provider company had a tough choice between Maryland and Virginia. Minutes later, according to the report, McGlade “got a call from Gov. Bob McDonnell, …
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jag
2:15 pm on Wednesday, December 5, 2012
"the governor said before he presented Fairfax Board Chairman Sharon Bulova with an oversized $1.3 million check" LOL. I knew VA handed out corporate welfare as if it was candy, but I never knew they took such pride in it. Learn something new every day. more ›