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Development Department Demands Money Back On Broken Job Creation Vows

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Some Ohio companies that promised to create jobs in exchange for state grants haven't totally delivered--so state Development Department officials have written them, requesting some of the money BACK. Nate Green heads the Strategic Business Investment Division and gives details about the clawbacks to statehouse correspondent Bill Cohen.

Thursday, February 24, 2011 at 12:38 pm

Some Ohio companies that promised to create jobs in exchange for state grants haven't totally delivered.....so state Development Department officials have written them, requesting some of the money BACK. Nate Green heads the Strategic Business Investment Division and gives details about the clawbacks to statehouse correspondent Bill Cohen.

Companies that don't totally fulfill their promise to create new jobs sometimes blame the bad economy. Nate Green of the Ohio Department of Development says, on a case by case basis, development officials take that argument into consideration, when they try to clawback some of these state grants.

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