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Friday, June 6, 2008

PA Clamping Down On Companies That Don't Deliver As Many Jobs As Promised

State seeks $18 million

for jobs not created


Pennsylvania officials offered Nationwide Appraisal Services Corp. $300,000 in December 1999 to add more than 300 jobs in its Washington County office.

It seemed like a good idea at the time.

Eight years and one mortgage market collapse later, Nationwide Appraisal, a middleman between banks and home appraisers, employs 250 people -- 50 fewer than when it got the grant. And the state wants its money back.

Read this story in the Pittsburgh Tribune Review

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