Ohio Attorney General Mike DeWine's office announced last week that the Ohio Development Services Agency (DSA) and the Ohio Air Quality Development Authority (OADQDA) have reached a $1.5 million settlement with the Toledo manufacturing company Buckeye Silicon with respect to DSA and OAQDA financial assistance to the company. The company’s business plan involves the production of polysilicon for use in solar panels. The OAQDA loaned Buckeye Silicon $1,428,000 in October 2010 through its Advanced Energy Job Stimulus Program. That same month, the DSA provided the company with a $1.3 million Research and Development Loan. According to DSA Director David Goodman, however, the company "failed to fulfill commitments to repay Ohioans and create jobs." For more, read the full news release.
Ohio Attorney General announces $1.5 million settlement with Buckeye Silicon for failing to create jobs
