R.I. commits to incentives for jobs, growth and begins to see results

Governor Gina Raimondo has used an unprecedented array of taxpayer incentives to help companies relocate, expand and hire people in Rhode Island.

More than $135 million in tax credits and other subsidies have been committed to 28 projects pitched by global companies, tiny retail and technology firms, mid-sized manufacturers and developers of four hotels and 11 apartment buildings. Estimated construction costs total at least $664 million, a Providence Journal analysis reveals.

The projects include two new technology centers in Providence, where GE Digital and Johnson & Johnson plan to hire data engineers and scientists, and an innovation center by Wexford Science & Technology, which works with universities to transform academic research into businesses that create jobs.

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