State OK’s Tax Credit Assistance For Herr Foods Expansion

Presented By Hometown-Motors, Inc.

(Columbus)—Ohio Governor Mike DeWine and Lt. Governor Jon Husted today announced the approval of assistance for 10 projects set to create 946 new jobs and retain 2,485 jobs statewide. During its monthly meeting, the Ohio Tax Credit Authority (TCA) reviewed economic development proposals brought to the board by JobsOhio and its regional partners. Collectively, the projects are expected to result in more than $50 million in new payroll and spur more than $296 million in investments across Ohio. 

Projects approved by the TCA include:

SOUTHEAST 
Herr Foods Incorporated, cities of Jackson and Chillicothe (Jackson, Ross Cos.), expects to create 150 full-time positions, generating $5.3 million in new annual payroll and retaining $2.2 million in existing payroll as a result of the company’s expansion project in Jackson and Chillicothe. Herr Foods is an American brand of potato chips and other snack foods. The TCA approved a 1.192 percent, seven-year Job Creation Tax Credit for this project.