Local News

R.J. Reynolds Gets Tax Break

Posted July 8, 2004

— State lawmakers voted to give R.J. Reynolds a break Thursday.

The state House approved an amendment allowing the tobacco maker to move at least 500 jobs to Winston-Salem by the end of the year.

The move is part of RJR's merger with Brown and Williamson Tobacco.

RJR still would get $48 million in tax breaks. The original incentive package called for the tax credits to start next year.


Please with your WRAL.com account to comment on this story. You also will need a Facebook account to comment.

Oldest First
View all