Ohio Gov.
John Kasich...
Jobs-friendly
climate continues to spur investment
11
Companies Expected to Create 885 Jobs
May 2, 2012
COLUMBUS—Gov.
John R. Kasich today announced that several economic development
projects are
on track to positively impact communities across the state. Adding to the long list of
companies choosing
to expand in Ohio or move operations here, the Ohio Tax Credit
Authority (TCA)
today approved eleven projects brought to them by JobsOhio, the state’s
private, not-for-profit economic development entity.
In all, 885 jobs are expected to be
created,
while 952 jobs will be retained and more than $38 million in new
capital
investments will be made.
Highlights
from Monday’s TCA meeting include:
• Apex
Industrial Technologies, LLC, a
high-tech, internet-based company expects to expand operations and
create 100
full-time positions that will provide robust, low-cost, and
“Behind-The-Firewall” vending solutions for supplies.
The project is expected to generate $6.9
million in additional annual payroll and retain $2.9 million in
existing
payroll. The TCA approved a 55 percent, six-year Job Creation Tax
Credit for
the project.
• A
manufacturer of fittings for the chemical,
plumbing and power tool industries, the G&G Manufacturing Co.,
is expected
to expand operations in Cincinnati (Hamilton Co.), creating 100
full-time
positions and generating $5.4 million in additional annual payroll. The TCA approved a 55
percent, seven-year Job
Creation Tax Credit for the project.
• Alexander
Mann Solutions Corporation is
expected to add 300 full-time positions as a result of the company’s
new
location project in Cleveland (Cuyahoga Co.).
The proposed project support clients
worldwide and will establish
activities around talent sourcing and recruitment/HR administrative
services.
The TCA approved a 65 percent, eight-year Job Creation Tax Credit for
the
project.
Additional
Approvals by the TCA
Leyshon
Miller Industries, LLC (LMI), (Location TBD) expects to create 60
full-time
positions, generating $1.8 million in additional annual payroll (and
retaining
$1 million in existing payroll) as a result of the company’s expansion
project
in a to-be-determined location. LMI offers a wide range of expertise in
product
development, design, mechanical engineering, solid modeling,
engineering
analysis, rapid prototyping, and rapid production. The TCA approved a
55
percent, six-year Job Creation Tax Credit for the project.
Oxford
Consulting Group, Inc., (Location TBD) is expected to create 45
full-time positions,
generating $4.2 million in new annual payroll (and retaining $5.2
million in
existing payroll) as a result of the company’s expansion project in a
to-be-determined location. Oxford Consulting is a leading information
technology consulting firm serving businesses throughout the U.S. The
TCA
approved a 50 percent, six-year Job Creation Tax Credit for the project.
Central
Ohio
Closed Loop
Refining and Recovery, Inc., City of Columbus (Franklin Co.) expects to
create
55 full-time positions, generating $1.3 million in new annual payroll
as a
result of the company’s new location in the City of Columbus (Franklin
Co.).
The company plans to process old Cathod Ray Tubes (CRTs) where lead is
extracted from funnel glass. The TCA approved a 40 percent, six-year
Job
Creation Tax Credit for the project.
Northeast
Ohio
ArtiFlex
Manufacturing, LLC, City of Wooster (Wayne Co.) expects to create 50
full-time
positions, generating $2.2 million in additional annual payroll (and
retaining
$22.1 million in existing payroll) as a result of the company’s
expansion
project in the City of Wooster (Wayne Co.). Artiflex is a joint venture
between
the Gerstenslager Company (a subsidiary of Worthington Industries) and
International Tooling Solutions, LLC (ITS). ArtiFlex will offer an
integrated
solution for engineering, tooling, stamping, and assembly. The TCA
approved a
50 percent, six-year Job Creation Tax Credit for the project.
Plasticolors,
Inc., City of Ashtabula (Ashtabula Co.) expects to create 50 full-time
positions, generating $1.7 million in additional annual payroll (and
retaining
$7.5 million in existing payroll) as a result of the company’s
expansion
project in the City of Ashtabula (Ashtabula Co.). Plasticolors provides
pigment
dispersions, chemical dispersions, and additives to the thermoset
plastics,
paint, and coatings industries in the United States and
internationally. The
company serves customers in the automotive, appliance, equipment,
electrical,
consumer, and construction industries. The TCA approved a 50 percent,
six-year
Job Creation Tax Credit for the project.
Valtronic
Technologies (USA) Inc., City of Solon (Cuyahoga Co.) is expected to
create 50
full-time positions, generating $2.3 million in additional annual
payroll (and
retaining $4.1 million in existing payroll) as a result of the
company’s
expansion project in the City of Solon (Cuyahoga Co.). This company
works in
the development and production of micro-electronics, mechanical parts,
and
complex systems. The TCA approved a 45 percent, five-year Job Creation
Tax
Credit for the project.
Western
Ohio
JJR
Solutions, LLC, City of Beavercreek (Greene Co.) expects to create 25
full-time
positions, generating $1.4 million in additional annual payroll (and
retaining
$1 million in existing payroll) as a result of the company’s expansion
project
in the City of Beavercreek (Greene Co.). JJR Solutions, a Service
Disabled
Veteran Owned Small Business (SDVOSB), focuses on delivering solutions,
products, and services in the form of Information Technology to the
federal
government and commercial organizations. The TCA approved a 45 percent,
five-year Job Creation Tax Credit for the project.
Total Quality Logistics, LLC, City of
Centerville (Montgomery Co.) is expected to create 50 full-time
positions,
generating $1.9 million in new annual payroll (and retaining $1.1
million in
existing payroll) as a result of the company’s expansion project in the
City of
Centerville (Montgomery Co.). Total Quality Logistics is the nation’s
third
largest freight brokerage firm. Founded in Cincinnati, the company
works with
companies nationwide to facilitate freight movements. The TCA approved
a 45
percent, six-year Job Creation Tax Credit for the project.
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