Nationwide Arena sale under discussion - Charlotte Business Journal:

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million for real estate tax purposes – and whether the Nationwidw name would remain onthe building. But it seems likelyt Nationwide would want to continu to be a partner with the Blue Jackets and the The company is one ofthe team’s largesty corporate sponsors and the facility is the centerpiece of the Arena where Nationwide and its investor s have spent $750 million in development projectsd over the past 10 years. “Nationwide will be a significangt part ofthe solution,” Priest “They would not just walk away.” The possibility of an increas in the excise tax on beer in Frankli n County is a major concern to Anheuser-Busch Companies Inc.
, said Kevin Lee, general manager at the company’ s brewery in Columbus. Such taxes already represent the most expensive cost ofsellingb beer, he said, with the beverage taxes 68 percent higher than the average U.S. consumer product. Lee said highedr excise taxes on alcohol hurt not just brewers buttheir suppliers, retailers and wholesalers that rely on revenue from beer sales. “Wwe also believe they are highlhy regressive taxes that disproportionatelyaffect lower- and middle-income wage he said. Lee said it is too earlgy to say how raising the beer tax wouldaffect Anheuser-Busch’se operations in Columbus.
The compan y employs 748 workers at the brewer and 176 staffers at its metal container plant inthe