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COULD NIKE BE LEAVING THIS STONE UNTURNED?
Published April 15, 1998
Nike "has dropped its bid" to build a research headquarters atop Stone Table Mountain in CO, according to Charley Able of the ROCKY MOUNTAIN NEWS. Leo Bradley, attorney for local landowners, said that Nike "rejected the site because the tax incentives were insufficient." Nike "had been offered" at least $3M in subsidies. Bradley said that Nike exec Howard Slusher told him that the incentives that CO offered "were not adequate." Nike is eyeing a new headquarters that would employ as many as 5,000 people on a 300-acre site overlooking Denver (ROCKY MOUNTAIN NEWS, 4/15). In a statement, Nike said it continues to examine sites in CO, NV, NM, WA and British Columbia and that "no decisions are imminent" and the search is "ongoing" (Nike).