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.


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