$10 Million Tax Subsidy To Closed Republic Factory Can't Be Recovered

$10 Million Tax Subsidy To Closed Republic Factory Can't Be Recovered

So much for that $10 million.

As expected, Daley administration officials told aldermen [Monday] that the city can't recover any of the taxpayer-funded subsidies it gave Republic Windows and Doors to keep hundreds of jobs in Chicago--even though the company's owners abruptly closed its Goose Island plant last month, laid off its entire workforce, and bought a non-unionized facility in Iowa.

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