Life at The Top novel Chapter 675

Mr. Powers’ expression changed greatly at Jasper’s carefree words.

Jasper had only said that he wanted to buy an industrial plot of land, but he never said anything about building a factory.

The government of Reed City had also done a background check on Jasper.

They knew that Jasper mainly did real estate and financial trades. He had never once taken part in any construction of industrial factories.

That was why the city government believed that Jasper had come to buy an industrial plot of land just to wait for its value to appreciate or something else. They never expected that it was to build a factory.

While the government of Reed City did value the amount Jasper was willing to invest, it had now become a business transaction of 200 million Somer Dollars. Reed City needed funds to further develop as well.

They just did not expect such a large amount.

To have Jasper provide such news out of the blue, Mr. Powers knew that he had to make the proper preparations now.

He was well aware that if Jasper’s words came true, then a total investment of at least 700 million on a plot of land and an electronics factory in Reed City would be an extremely important business.

Ignoring the annual tax received, the most important part of this transaction would be the increased quota for jobs, and in extension, the increased businesses in surrounding areas.

It was normal to have 5,000 to 6,000 workers per factory.

Open positions for 5,000 to 6,000 workers also meant an exponential increase in profits of the food and beverage, transportation, and shopping industries around the area.

Not to mention that with such a huge factory, one would always need to buy components. That meant that the upstream and downstream companies would also shift closer to their core clients to decrease shipping and production costs.