headquarters for business services corporation
The subsidy value and breakdown as well as the job and investment projections came from: Gregory Korte, "Convergys package gets council's stamp," Cincinnati Enquirer, July 26, 2003.
To get the company to keep its headquarters in Cincinnati and double its workforce, the state provided $144.2 million in tax credits and grants, and the city provided $52.2 million in tax breaks and grants. In 2011 the company paid a $1 million penalty to the city because its employment fell below 1,400. See "Convergys to pay $1M to Cincinnati," The Business Courier, May 4, 2011. Overlaps with main Subsidy Tracker data: none.
Learn more about subsidy practices and controversial deals in this resource covering each of the 50 states and Washington, DC.