Auction Direct USA loses NC jobs grant after exiting greater Triangle town [Yahoo! Finance]
COMPAGNIE ST GBN UNSP/ADR (CODYY)
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Source: Yahoo! Finance
Flags fly over Hillsborough Street in downtown Oxford in Granville County, one of several North Carolina counties that flipped from voting for Obama in 2012 to voting for Donald Trump this year. The business behind a once-growing network of used-vehicle stores has lost its North Carolina incentive to create 171 jobs north of the Triangle. Local officials say the company, Auction Direct USA, has already left. On Tuesday, the North Carolina Department of Commerce ended a 2023 job development investment grant for Auction Direct to expand in the Granville County seat of Oxford, about 30 miles northeast of Durham. The company had promised to add these new positions by the end of 2024. Instead, that was the year Auction Direct vacated its Oxford car reconditioning facility, said Charla Duncan, Granville County's economic development director. State business registration records show Auction Direct USA Raleigh, the specific subsidiary that received the jobs grant, then dissolved. In
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