Mecklenburg County approves Capital Group incentives

Mecklenburg County approved an $18.8 million incentives package for The Capital Group Cos. Inc., including property tax rebates from the county and city, and a job development grant from the state. The county's contribution includes a 50% rebate over three years, while Charlotte offers a 90% rebate over five years, with $17.2 million from the state over 12 years.