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Mace says Althoff news release in "false"

A recent news release issued by Vermont Democrat strategist Kristina Althoff is inaccurate, according to a Vermont state official. Althoff reports that Vermont Tubbs is just another example of (Gov. Jim) Douglas failed leadership and his inability to deliver results. Even worse in this case is the fact that the governor wasted half a million taxpayer dollars less than three months ago to supposedly keep this company and its jobs in Vermont. This is completely false, said David Mace, secretary of Commerce and Community Development, in a news statement issued July 10. The Vermont Community Development Program authorized a $500,000 grant to the town of Brandon this spring, which was to be loaned to the former owners of Vermont Tubbs. The company never asked for the money, and it was never sent to the town. The money was not wasted. Furthermore, this agency did everything reasonable within its authority to keep these jobs in Vermont, Mace said. The agency assisted Vermont Tubbs in securing financing from the Vermont Economic Development Authority in 2003 when the management team acquired the company from its primary lender. We will continue to do what we can to support the workers at Tubbs and the people of Brandon, Mace said. Gov. Douglas has made it clear that while we want to encourage new businesses to relocate or expand in Vermont, helping our existing companies thrive and grow is our highest priority.

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