FEATURE-Saxons lure blue-chip firms with cash, red carpet

Newswire

By Lars Rischke DRESDEN, Germany, Nov 20 (Reuters) - Generous state subsidies, aggressive government marketing, low wages and long working hours are helping the eastern German state of Saxony regain its traditional standing as an industrial heartland. U.S. semiconductor giant Advanced Micro Devices announced on Thursday plans for a second, 2.4 billion euro ($2.8 billion) plant in Dresden, adding to a the list of firms that have flocked to the state. Once one of Germany's wealthiest ...

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