Tuesday, April 30, 2013

Report: Tennessee is Still Cutting Checks to Hemlock Months After Layoffs

Posted By on Tue, Apr 30, 2013 at 12:04 PM

So this is what those economic-incentives scolds are always going on about.

WPLN's Blake Farmer reports that Hemlock Semiconductor of Clarksville is still receiving checks from the state of Tennessee, months after laying off all its nearly 300 employees.

The Department of Finance is making good on $95 million of promised incentives, having paid $92 million so far, according to a state spokesperson.

“This is something that the current administration sort of inherited,” says Finance Commissioner Mark Emkes. “I think we do have to be very careful and very thoughtful going forward on things like this.”

Farmer reports that Hemlock has received nearly $720,000 from the state this month.

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