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Column: Fairfield television plant closing, state incentives down the drain

Plenty of buzz surrounded Element Electronics’ announcement five years ago that it would open a television assembly plant in Fairfield County, with then-Gov. Nikki Haley joining company officials in a live webcast from a Walmart-sponsored conference in Florida.
But little information was publicly released then about the taxpayer costs of the planned $7.5 million project, which was expected to eventually create 500 jobs. The Nerve at the time revealed, citing state records, that the estimated total public cost over 15 years was nearly $14.8 million.

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