Diebold Inc. said it's suspending indefinitely its plans to construct a new global headquarters in Green, with its CEO stating that the project "is not economically feasible" given the company's other priorities at this time.
Diebold said it will decline the various state and local financial incentives it was previously offered to pursue the headquarters project.
An analysis of Kasich's budget shows the standard Republican tax cuts to the wealthy followed by cuts to public schools and local governments. It also includes huge handouts to Republican-connected corporations.
In April, Kasich gave Diebold a $56 million package of grants, tax credits and loans to keep its headquarters in Ohio. Diebold made national news in the 2004 Ohio presidential election when its then-CEO Wally O'Dell pledged to deliver Ohio's electoral vote to George W. Bush. This was no idle promise since much of Ohio's vote was tallied and counted on Diebold computers and their GEMS software. The software is proprietary and secret.