Orange County Industrial Development Agency Investigates Why Some Companies Are Falling Short on Job Creation

Companies cite clerical errors as a major reason for low job creation numbers.
Orange County Industrial Development Agency Investigates Why Some Companies Are Falling Short on Job Creation
The office building that houses the Orange County Industrial Development Agency in New Windsor, N.Y., on Feb. 22, 2023. Cara Ding/The Epoch Times
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ORANGE COUNTY, N.Y.—The Orange County Industrial Development Agency is investigating why some companies receiving tax benefits are failing to meet their job creation promises and considering new policies to push underperformers to improve.

Industrial Development Agency CEO Bill Fioravanti said at a Governance Committee meeting on Nov. 17 that 32 of the 39 companies, referred to as projects, receiving tax benefits from the development agency reached their job creation goals at some point over the last 10 years, and four more projects have come within 10 percent of their goal in the same time.