The Dispatch is reporting that the Kasich Administration and JobsOhio are again providing financial incentives to companies that are doing nothing more than moving from one Ohio city to another.

This time it’s TimberTech, a PA-based company who is shutting down their Columbus plant and laying off 58 workers.  At the same time, they are recieving  a financial grant and a 50 percent tax cut over eight years in order to open a new plant in Wilmington Ohio as long as they promise to hire 85 new employees.

In 2011 Diebold and American Greeting both got huge financial incentive packages ($56 Million and $100 Million) in order to build new headquarters with similar promises to hire new employees.   Both companies cancelled plans for new construction and ended up laying off tons of workers: 700+ for Diebold and over 2000 for American Greetings.

The Dispatch reports that “A spokeswoman for Kasich declined to address a question about development policy related to providing companies moving from one Ohio city to another with state-sponsored incentives. ”

Of course they did.

 

 

 

 

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