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Keyword: willardkelseysolar

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  • Another Taxpayer-Funded Solar Company Looks Like a Failure

    04/05/2012 11:58:22 AM PDT · by jazusamo · 21 replies
    National Legal & Policy Center ^ | April 5, 2012 | Paul Chesser
    An Ohio-based solar company received millions of dollars in state and federal subsidies despite government officials’ knowledge that the company was in financial trouble, and now a local newspaper reports little activity at the manufacturer’s Perrysburg plant. According to a report last month in The Toledo Blade, Willard & Kelsey Solar Group was lent $10 million by two state agencies even though the company showed little more than a half million dollars in revenue for 2009 – that being a grant from the Buckeye State – and a loss of $4.2 million. State officials told the newspaper that loan...