Gov. Cooper’s Reverse Robin Hood Schemes Hurt North Carolina

He takes hard-earned money from the middle class and gives it to the well-connected

What Is Corporate Welfare?

Corporate welfare occurs when the government takes hard-earned money from taxpayers and hands it to corporations and special interests through sweetheart deals like direct subsidies, tax loopholes, or tax rebates.

Why “Reverse Robin Hood?”

The original Robin Hood is known as a brave outlaw who stole from the rich to give to the poor alongside his band of Merry Men.

Gov. Roy Cooper’s reverse Robin Hood scheme turns the original story on its head—he takes money from middle-class residents of the Tar Heel state to give to rich and politically-connected business owners.

Corporate Welfare's Plunder

Once Upon a Time

North Carolina’s corporate welfare story begins with the One North Carolina Fund and the Jobs Development Investment Grant program.

Since taking office, Gov. Cooper has committed to spending over $182 million in taxpayer money to pad the pockets of special interests.

Credit Suisse and Infosys alone have been granted over $62 million. Gov. Cooper is also trying to make deals with public money to lure Amazon to North Carolina – even after offering tech company FoxConn $540 million, only to lose them to Wisconsin.

Corporate welfare policies give taxpayer money to big corporations as an incentive to “create jobs” in North Carolina.

But wealthy corporations can afford employees on their own—without taking money from hard-working North Carolinians. Corporate welfare doesn’t help taxpayers, it only hurts them.

We need Gov. Cooper and North Carolina lawmakers to side with taxpayers instead of special interests. Tax rates should be low and applied fairly, to only fund the core functions of government; not corporate welfare schemes.

Corporate welfare is not pro-growth or pro-freedom.

Sign the petition against corporate welfare today!

See the Breakdown

Job Development Investment Grant

Company # of Jobs Amount $ per Job
Clearwater Paper Corporation 180 2635200 $ 14,640.00
Corning Optical Communications LLC 210 2613600 $ 12,445.71
Corning Optical Communications LLC 200 2124000 $ 10,620.00
Alevo 200 2638000 $ 13,190.00
Continental 160 1604700 $ 10,029.38
Trilliant Networks 130 1329000 $ 10,223.08
Credit Suisse 1200 40200000 $ 33,500.00
AXA 550 11800000 $ 21,454.55
Infosys 2000 22400000 $ 11,200.00
A Wireless 250 1100000 $ 4,400.00
Pfizer, Inc. 40 250000 $ 6,250.00
Allstate Insurance Company 2250 17800000 $ 7,911.11
Albemarle Corporation 200 4300000 $ 21,500.00
Fibertex Personal Care 145 1966500 $ 13,562.07
Fresenius Kabi 445 7200000 $16,179.78
Mako Medical Laboratories, LLC 153 3160000 $20,653.59
Corning Incorporated 111 1236000 $11,135.14
Corning Incorporated 317 3215250 $10,142.74
Conduent Incorporated 200 2100000 $10,500.00
Trangle Tyre 800 20100000 $25,125.00
Sunrise Global Marketing, LLC 187 1377000 $7,363.64
Tristone Flowtech 302 1008000 $3,337.75
Dhollandia MFG, LLC 150 1461600 $9,744.00
RiceWrap Foods 306 1896000 $6,196.80
Ernst & Young LLP 375 3216750 $8,578.00
Corvid Technologies LLC 367 9000750 $24,525.20
Egger Wood Products 400* 5300000 $19,500*
Advaned Digital Cable, Inc 15 50000 $3,333.33
Sealed Air Corporation 25 100000 $4,000.00
Linamar Forgings Carolina (LFC) 31 62000 $2,000.00
DHL Supply Chain 140 200000 $1,428.57
InterMarket Technology 57 50000 $8,779.19
Quality Enclosures 65 150000 $2,307.69
TEAM Industries Andrews, Inc 20 50000 $2,500.00
GE Aviation 146 555700 $3,806.16
Egger Wood Products 400* 2500000 $19,500.00

One North Carolina Fund

Company # of Jobs Amount $ per Job
Mountaire Farms 65 200000 $3,076.92
Keihin Carolina System Technology 42 150000 $3,571.43
Oerlikon 93 1000000 $10,752.69
Carolina Structural Systems 71 200000 $2,816.90
Baxter International 90 1000000 $11,111.11
Taylor Stave, LLC 28 84000 $3,000.00
MAS Holdings 133 575000 $4,323.31
SouthCorr, LLC 22 50000 $2,272.73
Palziv North America 40 40000 $1,000.00
Ryan-AL, Inc. 53 150000 $2,830.19
Weitron, Inc. 31 90000 $2,903.23
Borealis Compounds, Inc. 37 100000 $2,702.70
Adhezion Biomedical, LLC 40 100000 $2,500.00
HPFABRICS, Inc. 260 250000 $961.54
Ventura Coach Corp. 61 200000 $3,278.69
Stormberg Foods, LLC. 60 125000 $2,083.33
FCC (North Carolina), LLC. 28 90000 $3,214.29
Williams-Sonoma, Inc. 72 300000 $4,166.67
TrueLearn, LLC 44 50000 $1,136.36
Revlon 55 100000 $1,818.18
New York Air Brake, LLC 28 50000 $1,785.71
LS Tractor USA 31 60000 $1,935.48
Edwards Wood Products 46 150000 $3,260.87
Superion, LLC 80 160000 $2,000.00
Advanced Superabrasives, Inc 47 100000 $2,127.66
Airgas USA, LLC 35 100000 $2,857.14
VEKA 102 500000 $4,901.96
Advaned Digital Cable, Inc 15 50000 $3,333.33
Sealed Air Corporation 25 100000 $4,000.00
Linamar Forgings Carolina (LFC) 31 62000 $2,000.00
DHL Supply Chain 140 200000 $1,428.57
InterMarket Technology 57 50000 $8,779.19
Quality Enclosures 65 150000 $2,307.69
TEAM Industries Andrews, Inc 20 50000 $2,500.00
GE Aviation 146 555700 $3,806.16
Egger Wood Products 400* 2500000 $19,500.00

*Figures are for total JDIG and One North Carolina Fund grant.