“HELIOVOLT IS THE TEXAS SIZED VERSION OF SOLYNDRA, BROUGHT TO YOU BY RICK PERRY,” Ron Paul’s campaign charged in an e-mail today.
HelioVolt received a $1 million grant from the Texas Enterprise Fund. From the 2010 Austin American-Statesman report sent by the Paul campaign:
HelioVolt received Enterprise Fund support in 2008 to expand its solar panel plant. The company missed its target of creating 153 jobs by the end of 2009. The company reported 75 jobs at the end of last year, but Texans for Public Justice said that figure included 35 jobs the company had before it got state funds.
The revised 40 jobs met the amended contract terms, but fell short of the company’s original promise, the report said.
The state imposed a $45,560 penalty on HelioVolt, the report said.
The Perry campaign did not respond to a request for comment. According to the Austin Business Journal, the Rick Perry’s office has moved the deadline for the job creation targets from December 2010 to December 2012.






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