Honeywell Hijinks Print
Written by Kate Delaney   
Wednesday, 24 April 2013 00:44

 

In 2010, Honeywell took a $25 million grant from the U.S. Department of Energy as part of President Barack Obama’s stimulus bill.  As part of the Obama Administration’s larger green-energy agenda, the $25 million taxpayer gift was specifically allocated for a biofuels demonstration plant to be built in Oahu, Hawaii.  The DOE and Honeywell claimed that the project would create 85 construction jobs and 40 permanent jobs per year; however, an April 2012 report by the Honolulu Civil Beat found that only about 10 permanent jobs were created.

“Honeywell took $25 million from hard-working Americans and created 10 jobs – a cost of $2.5 million per job.  This type of corporate cronyism needs to stop,” said National Center Free Enterprise Project Director Justin Danhof, Esq. a guest on America Tonight says  “If the Obama Administration will not hold companies accountable once they dole out our money, it is up to citizens and shareholders to put a cost of doing business onto companies that squander these massive taxpayer gifts.  Maybe next time Honeywell executives will think twice before they rob the public blind.” Send the CEO of Honeywell David Cote a letter - Honeywell International 101 Columbia Road, Morristown, NJ 07962.

Last Updated ( Wednesday, 24 April 2013 08:20 )