DE Panel Eyes JP Morgan Chase Grant Request - 47 ABC - Delmarva's Choice

DE Panel Eyes JP Morgan Chase Grant Request

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NEW CASTLE, Del. (AP) - Banking giant JPMorgan Chase is asking Delaware officials for $1.5 million in taxpayer money to help pay for costs associated with a planned expansion of its workforce.
    
The Council on Development Finance was scheduled to consider the request at a meeting Monday in New Castle.
    
JPMorgan Chase asking for a strategic fund capital expenditure grant of up to $1.5 million.
    
Markell administration officials say the money would be used to support the creation of up to 500 new jobs.


(Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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