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Enterprise Fund companies fall short on jobs
Posted: 05.20.2010 at 1:47 PM
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AUSTIN, Texas (AP) - Gov. Rick Perry's office has rewritten three more contracts for companies that are struggling to create the promised number of jobs after getting millions of taxpayer dollars from the Texas Enterprise Fund.

The Associated Press has been tracking troubled enterprise fund companies for more than two years.

In response to questions from the AP, Perry's office said Lee Container Corp., Albany Engineered Composites Inc. and Vought Aircraft all fell short on job creation goals and got their enterprise fund contracts amended this year. The governor had said in January that 11 other job creation contracts were changed.

Perry's Democratic rival, Bill White, has this week become the latest of the governor's campaign opponents to criticize him over the money he doles out to businesses from the fund.

(Copyright 2010 by The Associated Press. All Rights Reserved.)

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