Nationwide will repay the state nearly $3 million in incentives after failing to maintain promised jobs

July 23, 2019 by Donnelle Eller

Nationwide Mutual Insurance will repay the state of Iowa about $3 million in incentives it received to expand its downtown Des Moines insurance and financial services campus.

The Ohio-based company said it added the 1,570 jobs it promised to create in 2005 with a $158 million expansion, but acknowledged it’s unable to maintain the required total through 2023 as originally promised.

Click HERE to read the full article via Des Moines Register.

Originally Posted at Des Moines Register on July 19, 2019 by Donnelle Eller.