Algenol's layoffs leave Lee County's $10M incentive in the balance
278 views · Published 27 October 2015 · 2:05 · Indexed 23 October 2026
Channel: Gulf Coast News · 2015 · News & Politics
Algenol cut 20 percent of their workforce with just months to go before the company's incentive award agreement with Lee County is set to expire. The amount is $10 million, and Lee County Commissioner Cecil Pendergrass said he learned last year that things at the company weren't right.
More from this channel
-
1:59
Group of teens create local on-line 'purge'
-
1:01
Save the ducklings!
-
1:34
Development funds sought in Gardner's Park neighborhood
-
1:59
Plane crash wreckage towed from Gulf
-
0:52
National Hurricane Center watching new system in Atlantic
-
0:48
Dry air expected to kill Tropical Depression Two
-
0:55
Bike riding can be fatal in Florida
-
1:50
Preparations underway for mini lobster season