Thursday, December 29, 2011

Nearly half of companies that received Ohio economic development awards didn't keep promises

A new Ohio Attorney General’s report showed that only 52 percent of companies that received Ohio taxpayer-funded economic development awards that ran out in 2010 kept their promises to boost the economy.

The report, released Thursday, identified 200 companies that received grants, tax credits and other awards from the Ohio Department of Development that did not meet their goals for job creation, job retention or other measures. More here.

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