Thursday, January 05, 2012

Mich. 'Green Jobs' Subsidy Winner Evicted from Saginaw Headquarters

Michigan Capitol Confidential reports:
Michigan economic development refundable tax credit (subsidy) “winner” GlobalWatt, Inc. faces a January 9 eviction from its Saginaw facility for failure to pay rent. In 2009, the solar module manufacturing firm was awarded $42 million in state and local government financial favors, thanks in part to applications that contained misrepresentations, as reported by the Mackinac Center in September 2010.