US lawmakers agree tax deal for Nike
17/12/2012
Nike recently approached a state governor with plans to grow its operation, but only if its current tax deal remained in place. It was reportedly being touted by other regions.
It will create 500 jobs and invest $1.5 million in facilities, which encouraged Oregon’s legislature to agree to the request. "This is a very positive step forward, not only for our company but for the state of Oregon," Nike said in a statement.
The company has strong ties to the area, having been launched there in the 1960s, and employs about 8,000 in its corporate headquarters – an increase of 60% in the last five years.
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