North Carolina Governor Mike Easley has signed into law a compromise bill meant to give financial incentives of up to $60 million to two tire companies that will upgrade their NC facilities.

North Carolina Governor Mike Easley has signed into law a compromise bill meant to give financial incentives of up to $60 million to two tire companies that will upgrade their NC facilities. The law would give cash incentives to companies with at least 2,000 full-time or contract employees willing to make a $200 million investment in a manufacturing facility over six years in a financially distressed county. The facilities of the two tire companies, Goodyear Tire & Rubber in Fayetteville, and Bridgestone Firestone in Wilson, are said to fit the bill. Under terms of the bill, companies only will be able to receive incentives if the average pay of their workers is 140% of the average county wage for all private employers. They must also offer health care to employees.