Durham County Commissioners approved $750,000 in incentives for Aspidia Financial Services' headquarters and $5.5 million for Novartis' manufacturing expansion, creating roughly 1,300 jobs amid equity concerns.
Commissioners approved $750,000 in incentives for Aspidia Financial Services' headquarters and $5.5 million for Novartis manufacturing expansion, creating roughly 1,300 jobs total.
Novartis committed 71 percent of 280 new positions to workers with a high school diploma or associate degree at an average salary of $104,000 annually.
The county secured 10-year oversight with annual performance verification and clawback provisions to ensure both companies meet job creation and workforce diversity targets.