WITH WORD THAT GOOGLE IS MOVING TITAN AEROSPACE OUT OF NEW MEXICO TO NORTHERN CALIFORNIA … THE STATE IS NOW READY TO IMPOSE CLAWBACK PROVISIONS TO RECOVER MOST OF WHAT IT INVESTED IN THE PROJECT.
TITAN AEROSPACE HAD BEEN BASED AT MORIARTY MUNICIPAL AIRPORT. NEW MEXICO INVESTED NEARLY A MILLION DOLLARS TO IMPROVE INFRASTRUCTURE AT THE AIRPORT SO GOOGLE COULD BUILD A NEW FACILITY THERE. THE STATE ALSO FUNNELED 141-THOUSAND DOLLARS IN JOB TRAINING INCENTIVES TO TITAN IN 2013.
THE STATE PLANS TO WORK WITH GOOGLE’S LAID OFF WORKERS TO HELP THEM WITH JOB SKILLS AND FINDING NEW EMPLOYMENT.
NO WORD FROM GOOGLE ON WHY THEY’RE PULLING OUT OF THE STATE.
