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May 19, 2006

You take the good with the bad...

... I guess.

The Good News: TriQuint Semiconductor is considering opening a new facility in north High Point. It could bring as many as 25 high paying jobs and the city offered $25,000 in incentives for TriQuint to come.

The Bad News: City officials are asking for a property tax increase of a penny and a half per $100 to balance the proposed $273 million budget. Strib Boynton blames rising energy costs for the need to raise taxes.

Posted by Jonathan Jones at May 19, 2006 1:41 PM