BS, they moved there so they could be closer to the Pig Trough!
It also caused BAE Systems to relocate their corporate HQ from Rockville to Rosslyn, VA.
I was laughing my butt off this morning since the Baltimore Sun on Sunday ran an article claiming that employment in MD and the fact that it has grown in comparison to other states had nothing to do with it being close to DC. Said their higher corporate tax rates don’t negatively impact the state and though it was a shoe in for NGC.
BWAHAHAHA VA has a lower tax rate and won plus they also have more sectors and bldgs in the northern VA area. If MD was smart they would have tried harder to offer more incentives. I used to worked for NGC - lol!
Don't worry, Bob. Obama will change that shortly.
Virginia is a fine, fine state, but lets cut the bullsh*t. NG moved to Virginia so they could be as close as possible to Sugar Daddy Numero Uno... the Federal Government.
Of course the cost of living is very high and the good quality of life is only accessible to the executives and a layer or two of management immediately below. I feel for the people on the lower rungs of the ladder who will have to move there plus a bad job market, they won’t be able to get much for relocation.
I worked for NGC’s competitor and the reason I don’t work for them anymore was being ordered to relocate to the Northern Virginia area or being shown to the door, same pay of course. I looked at houses there and a basic townhouse without a garage, something like around 1500 to 2000 sqr ft was around $300,000. I refused to move there, lost my job.
On the relo package, enough money to rent my own moving truck, no money for realtor fees and management strongly wanted me to sell my house. I would have lost money on it since the housing market was tanking.
Moving to Conference Center Drive in Chantilly. Right up the street from the NRO.