Wednesday November 25th, 2015 3:25PM

Companies receive incentives, fail to deliver jobs

By The Associated Press
ATLANTA (AP) -- State records show many companies that have been awarded expansion grants have fallen short of delivering the number of jobs they promised to state officials.

The Atlanta Journal-Constitution ( ) reported Sunday that a group of companies awarded more than $106 million in public grants fell short of producing the number of jobs they promised by about 42 percent.

Georgia's accountability agreement calls for companies receiving public grants to deliver at least 80 percent of the jobs they promise to fulfill legal obligations.

Brian Williamson is the deputy commissioner for the state Department of Community Affairs. Williamson's department administers the grants and he says accountability requirements have improved over the years.

Critics say Georgia needs more effective ways to determine whether businesses are doing what they've promised with public money.
  • Associated Categories: Business News
© Copyright 2015
All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.
US stocks post sixth straight year of gains
U.S. stocks ended a strong 2014 with moderate declines Wednesday.
4:43PM ( 10 months ago )
Palestinians push ahead in pursuit of war crimes charges against Israel
Stung by a resounding defeat in the U.N. Security Council, the Palestinians announced Wednesday that they joined the International Criminal Court to pursue war crimes charges against Israel.
1:57PM ( 10 months ago )
Business News
Appalachian Parkway in Cleveland now open
An official grand opening and road-naming ceremony was held Tuesday afternoon for the State Route 11/US 129 North Appalachian Parkway in Cleveland, previously known as the Cleveland Bypass.
By Dean Dyer
9:45PM ( 17 hours ago )
Stormwater program and fees await Gainesville City Council vote
The Gainesville City Council plans to vote next week on the creation of a Stormwater Management Program and implementation of fees to fund it.
2:07PM ( 1 day ago )
Syfan Logistics expanding its over-the-road fleet
Syfan Logistics plans to expand its over-the-road fleet of Syfan Transport trucks in the coming year as part of an increasing effort to better serve its shipper customers.
By AccessWDUN staff
12:07PM ( 1 day ago )
Hall Co. tag renewals will be handled differently in December
Hall County residents ready to renew their tags this December will not recieve the standard renewal notice from the Department of Revenue (DOR).
2:10PM ( 2 days ago )
Baldwin prepares for new city hall, razing of old downtown buildings
Change is in the works for downtown Baldwin.
3:02PM ( 3 days ago )