The City of Pflugerville is out $165,000 and 65 jobs following the disappearance of a CEO whose company received a lucrative incentive deal to set up shop in the city.
In 2010, National Scooter Inc., led by CEO Greg James, was awarded a $235,000 incentive deal by the Pflugerville Community Development Corp. The PCDC brokered a deal with James to open a factory and create an estimated 65 jobs, according to city documents.
James eventually received $165,000 to develop the factory. PCDC Chairman Floyd Akers said James moved into a space in October 2010 and employed 13 people until closing in early 2012.
"(James) was hoping to reopen this August," Akers said. "Unfortunately he was not able to do so."
