Will Black and Decker Refund the Kwikset subsidies?
The Kwikset Lock Company that is closing down in Bristow, Oklahoma and moving to Mexico received considerable subsidies from the people of Oklahoma over the past several years. Kwikset took advantage of the state's Quality Jobs program which pays corporations up to 5% of their expanded payroll. The companies in this program receive quarterly checks from the state. Kwikset also took advantage of the state's Career Tech system. It is unknown just how much Kwikset received in subsidies but the question is whether their owner, Black and Decker, will repay the state now that they are eliminating 1,100 jobs and moving to Mexico.