Days Before Announcing Essex Junction Layoffs, Company Secured $5.3 Million State Incentive

Summary: On Nov. 6, California company Marvell announced it was laying off 78 employees at an Essex Junction plant it had recently acquired. But less than a week before announcing those layoffs, Marvell quietly secured approval for $5.3 million in job creation incentives from a Vermont state program. And, while the program is shrouded in secrecy, Marvell may be able to receive the money even after the layoffs.