A Lansing company that received $2 million in state subsidies three years ago is hoping to expand from 12 employees to 14, according to the Lansing State Journal.

Gov. Jennifer Granholm said KTM Industries is a "success" of the 21st Century Jobs Fund, the State Journal reported.

"The report yesterday shows ... it's working," Gov. Granholm was quoted as saying after touring KTM.

Friday's report on the Fund, which came under immediate scrutiny, claims the subsidies have created 25,000 jobs over five years.

Fiscal Policy Analyst James Hohman said those numbers have not been verified.

"The MEDC has a bad history with these things," Hohman told the State Journal, adding that the state does not consistently check job creation numbers after they issue press releases.


Related Articles:

Acton Lecture Series: 'Excuse Me Professor: Challenging the Myths of Progressivism'

Why Can’t Tesla Sell Cars in Michigan?

$1 Cigarette Tax Hike Helps Smugglers, Not Health Outcomes

ChoosingCharters.com Highlights Power of School Choice in Michigan

Detroit Students Missed 1.5 Million Days of School Last Year

Detroit Public Schools Bankruptcy Could Cost the State $3.4 Billion

Share More …