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Incentives-for-jobs grants fail

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  • | 4:04 p.m. October 25, 2011
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The state of Florida has committed $1.7 billion to job-creation grants since 1995. But while officials expected 224,286 new jobs in return, only 73,669 were actually created, according to reports filed by the Orlando Sun-Sentinel.

Roughly 43%, or $754.2 million worth, of the state's commitments were paid out, in exchange for just 33% of the jobs promised by recipients, the Sun-Sentinel says.

Several Gulf Coast companies featured prominently in new information released by the state's Department of Economic Opportunity last week, including:

• Jabil Circuit Inc., which received $12.4 million to create 854 new jobs, but failed to add any new employees;

• Gartner Inc., a Lee County firm that received $1.2 million for 400 jobs, but added none;

• Household International, a Hillsborough County firm given $100,000 to create 520 call center-based jobs (the company ended up eliminating 233 positions);

• ABR Benefits Services in Pinellas, which received $175,000 for 900 jobs, but only added 204; and

• Mustang Vacuum Systems, which got $540,000 for 125 Manatee County jobs, but added just 26.


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