Saturday, March 28, 2009

Ohio to review if Wal-Mart reneged on tax deal

— Economic development officials in Ohio say they will check whether Wal-Mart Stores Inc. violated terms of a tax agreement by closing an optical lab near Columbus.

Ohio gave the world's largest retailer a $1.8 million job-creation tax credit in 2001 on the condition that the company create and maintain jobs there.

Wal-Mart on Friday announced that it will close the lab, cutting 650 jobs. The lab makes eyewear for vision centers in Wal-Mart stores.

Kelly Schlissberg, a spokeswoman for the Ohio Department of Development, says the agency is reviewing its agreement with Wal-Mart to determine if the state can recoup money.

A message seeking comment was left Saturday for a Wal-Mart spokesman.

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