Pioneer Institute for Public Policy Research

Get That Torch World TourPioneer, Boston, and Me

Evergreen Solar

Steve PoftakBy Steve Poftak
April 10th, 2008


The mysterious “brett” over at the indispensable Universal Hub takes a contrarian view of Evergreen Solar, a company that received $44m in state incentives, saying:

Evergreen Solar, is touting how they’re going to triple their employee count. It’s a big thank you for that 44 million dollars Patrick gave them. Unfortunately, almost exactly a year ago, Evergreen Solar was bragging about how it’d double its workforce to 650. Well, it’s April 2008, and the company has 300 workers; oops. That’s a bit of a disappointment. Also curious that a company bragging about “increasing annual sales fourfold to approximately $100 million in 2006″ (and just raised $200M in capital) was deemed deserving of such a massive handout.

I don’t know the author and cannot vouch for him, but take a look at the original post — its got links to the original articles to back up each of the claims.

It does make one question the level of retrospective analysis that goes into our economic development programs.

Entry Filed under: Better Government, Economic Opportunity, News

Leave a Comment

Required

Required, hidden

Some HTML allowed:
<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Subscribe to the comments via RSS Feed

Categories

Recent Comments

Get A Job

Get Data

Massachusetts Blogs

Massachusetts Elected Officials

Massachusetts Reporting

National Reporting

National/Out of state Opinion Blogs

Meta