He’s been on the job for just a short time, and already he’s asking for state money back from a company that’s fallen short of job-creation goals.
Mark Kvamme said it’s a good example of what the state of Ohio can expect from him as new director of the Department of Development.
“This particular company was supposed to create 100 jobs, and they created 10,” he said. “We need to make sure companies are living up to their word.”
“Clawbacks,” or the process of retrieving state grant money from companies that fail to meet promised economic or job goals, has been relatively rare. But Kvamme said it may become more common as Ohio moves toward a new model of economic development that relies more on private-business concepts.
To read the full, original article click on this link: Youngstown News, Ohio’s new jobs czar is ready to revamp
Author: James Pilcher
