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.

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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.

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