Trade & Industry Development Magazine

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March/April 2010
March/April 2010

This issue of Trade & Industry Development presents 30 different success stories via our Corporate Investment & Community Impact (CiCi) Awards article. We are excited about these awards as they recognize those economic development agencies that "did what it took to get the job done." Seldom an easy task!
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In this issue...

Making Incentives Work
By: James H. Renzas

There has been a great deal of press recently on incentives deals gone bad due to the collapsing economy and the inability of companies to fulfill their job creation and investment obligations under existing incentives agreements.   For example, the Associated Press reported recently that Target Corporation was assessed an additional $600,000 by DeKalb, Illinois, for failing to fulfill its obligation to create at least 500 jobs at its local distribution center. more...

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