Ohio Governor John Kasich
Twelve
projects to invest
$187 million around Ohio
More Than 1,200 Jobs
Expected To Be Created
COLUMBUS – Gov. John R.
Kasich today announced the approval of assistance for twelve projects
set to create 1,265 jobs and retain 687 jobs statewide. During the
Ohio Tax Credit Authority’s (TCA) monthly meeting, it reviewed
economic development proposals brought to the board by JobsOhio and
its regional partners. Together the projects are expected to result
in more than $66.4 million in new payroll and $187.4 million in
investments across Ohio.
Projects approved by the
TCA include:
Clinical Outcomes
Management Systems, LLC dba COMS Interactive (Location TBD) is
expected to create 119 full-time positions, generating $8.7 million
in additional annual payroll and retaining $1.8 million in existing
payroll as a result of the company’s expansion project at a
to-be-determined location. Clinical Outcomes Management Systems
focuses on process and systems that stabilize and improve resident
health. The TCA approved a 45 percent, six-year Job Creation Tax
Credit for this project.
Rapid Prototype and
Manufacturing LLC (Location TBD) expects to create 130 full-time
positions, generating $9.5 million in additional annual payroll and
retaining $380,000 in existing payroll as a result of the company’s
expansion project at a to-be-determined location. Rapid Prototype and
Manufacturing is an additive manufacturing company offering rapid
prototyping services in addition to design and regulatory consulting,
quality control and non-plastic and non-rapid prototyping services. The
TCA approved a 50 percent, seven-year Job Creation Tax Credit for
this project.
CENTRAL
American Howa Kentucky,
Inc. dba AHK Ohio, City of Delaware (Delaware Co.) expects to create
60 full-time positions, generating $1.8 million in additional annual
payroll and retaining $2.4 million in existing payroll as a result of
the company’s expansion project in the City of Delaware (Delaware
Co.). American Howa Kentucky is a manufacturer of dash insulators,
headliners and other interior products for the automotive industry.
The TCA approved a 50 percent, eight-year Job Creation Tax Credit for
this project.
NORTHEAST
Hendrickson USA, LLC dba
Hendrickson Trailer Commercial Vehicle Systems, City of Canton (Stark
Co.) expects to create 30 full-time positions, generating $2.1
million in additional annual payroll and retaining $14.2 million in
existing payroll as a result of the company’s expansion project in
the City of Canton (Stark Co.). Hendrickson USA develops and
manufactures suspension systems and related components for the
heavy-duty vehicle industry. The TCA approved a 40 percent, six-year
Job Creation Tax Credit for this project.
OMNOVA Solutions Inc., City
of Beachwood (Cuyahoga Co.) expects to create 70 full-time positions,
generating $4.7 million in additional annual payroll and retaining
$18.5 million in existing payroll as a result of the company’s
expansion project in the City of Beachwood (Cuyahoga Co.). OMNOVA is
an innovator and global provider of emulsion polymers, specialty
chemicals and decorative and functional surfaces. The TCA approved a
50 percent, five-year Job Creation Tax Credit for this project.
NORTHWEST
Edgerton Forge Inc.,
Village of Edgerton (Williams Co.) expects to create 25 full-time
positions, generating $1 million in additional annual payroll and
retaining $2 million in existing payroll as a result of the company’s
expansion project in the Village of Edgerton (Williams Co.). Edgerton
Forge is a forging business, which is a manufacturing process
involving the shaping of metal using localized compressive forces.
The TCA approved a 35 percent, seven-year Job Creation Tax Credit for
this project.
SOUTHWEST
CE Power Solutions, LLC,
City of Cincinnati (Hamilton Co.) expects to create 24 full-time
positions, generating $1.8 million in additional annual payroll and
retaining $3.8 million in existing payroll as a result of the
company’s expansion project in the City of Cincinnati (Hamilton
Co.). CE Power Solutions provides electrical systems solutions and
serves electric utility power plants, alternative energy facilities,
transmission and distribution substations, industrial facilities and
institutional facilities. The TCA approved a 40 percent, six-year Job
Creation Tax Credit for this project.
iMFLUX Inc., West Chester
Twp. (Butler Co.) expects to create 221 full-time positions,
generating $17.5 million in additional annual payroll as a result of
the company’s new project at a to-be-determined location. iMFLUX is
a subsidiary company of P&G with an innovative technology in
plastics processing. The TCA approved a 60 percent, eight-year Job
Creation Tax Credit for this project.
MINTH North America Inc.,
City of Lebanon (Warren Co.) expects to create 418 full-time
positions, generating $12.6 million in additional annual payroll as a
result of the company’s new location project in the City of Lebanon
(Warren Co.). MINTH designs, manufactures and supplies body
structural parts, trims and decorative parts of passenger vehicles.
The TCA approved a 70 percent, 12-year Job Creation Tax Credit for
this project.
Systecon Inc., West Chester
Township (Butler Co.) expects to create 18 full-time positions,
generating $810,000 in additional annual payroll and retaining $4.3
million in existing payroll as a result of the company’s expansion
project in West Chester Township (Butler Co.). Systecon designs and
manufactures modular chiller plants, boiler plants, pumping system
and controls for the heating, ventilating and air conditioning
market. The TCA approved a 35 percent, five-year Job Creation Tax
Credit for this project.
WESTERN
PolyOne Corporation, City
of Greenville (Darke Co.) expects to create 130 full-time positions,
generating $5 million in additional annual payroll and retaining $5
million in existing payroll as a result of the company’s expansion
project in the City of Greenville (Drake Co.). PolyOne (NYSE: POL) is
a premier global provider of specialized polymer materials, services
and solutions. The TCA approved a 50 percent, seven-year Job
Creation Tax Credit for this project.
Riverside Computing, Inc.
dba Agil IT and Elevation Healthcare, Butler Township (Montgomery
Co.) expects to create 20 full-time positions, generating $940,000 in
additional annual payroll and retaining $2.1 million in existing
payroll as a result of the company’s new location project in Butler
Twp. (Montgomery Co.). Riverside Computing is an IT and operation
consulting business for the health care industry. The TCA approved a
35 percent, six-year Job Creation Tax Credit for this project.
|