Tag Archives: Ohio Tax Credit Authority

Kenworth Roadforce Companies Among Southern Ohio Industry Receiving State Tax Credit for Growth

Article Presented By Classic Brands

(Columbus)—Chillicothe Kenworth LLC and Roadforce Companies LLC. in Chillicothe and Evans Food Group of Portsmouth are among seven projects in Ohio set to create 660 new jobs and retain 3,333 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 $39 million in new payroll and spur more than $51.8 million in investments across Ohio. Projects approved by the TCA include:

Chillicothe Kenworth LLC and Roadforce Companies LLC (Chillicothe Kenworth), Green Township (Ross County), expects to create 119 full-time positions, generating $7.5 million in new annual payroll and retaining $4.8 million in existing payroll, as a result of the company’s expansion project in Green Township. Chillicothe Kenworth LLC provides installation of value-added parts and accessories to Kenworth and other heavy-duty trucks before delivery to the customer, offering customization options for end users. Roadforce Companies LLC manufactures dump truck bodies for customers. The TCA approved a 1.481%, five-year Job Creation Tax Credit for this project.

MHC Roadforce Company

Evans Food Group Ltd., Portsmouth (Scioto County), expects to create 40 full-time positions, generating $1.5 million in new annual payroll and retaining $4.3 million in existing payroll, as a result of the company’s new location project in Portsmouth. Evans Food Group is a manufacturer of snack foods. The Ohio operation focuses on manufacturing of pork rinds. The TCA approved a 1.097%, six-year Job Creation Tax Credit for this project.

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.

Southern Ohio Job Creation Announced

Presented Hometown-Motors, Inc.

(Columbus)—Ohio Governor Mike DeWine and Lt. Governor Jon Husted have announced the approval of assistance for 12 projects set to create 2,426 new jobs and retain 3,252 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 $108 million in new payroll and spur more than $162 million in investments across Ohio.

Two of these projects will be in southern Ohio:

R.K. Administrative Services (Rural King Supply), Seal Township (Pike Co.), expects to create 200 full-time positions, generating $7.7 million in new annual payroll and retaining $21.7 million in existing payroll as a result of the company’s new project in Seal Township. Rural King Supply provides a mixed retail product line of livestock feed, farm equipment, agricultural parts, lawn mowers, workwear, fashion clothing, housewares, and toys. The TCA approved a 1.278 percent, seven-year Job Creation Tax Credit for this project.


Engineered Profiles LLC, Hamilton Township (Lawrence Co.), expects to create 55 full-time positions, generating $2.3 million in new annual payroll as a result of the company’s new project in Hamilton Township. Engineered Profiles manufactures extruded plastics products for building supplies, transportation, medical devices, and other industries. The TCA approved a 1.131 percent, six-year Job Creation Tax Credit for this project.

State Invests In Job Creation Projects

Presented By Classic Brands

(COLUMBUS) — Ohio Governor Mike DeWine and Lt. Governor Jon Husted has announced the approval of assistance for nine projects set to create 1,456 new jobs and retain 1,168 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 $107 million in new payroll and spur more than $322 million in investments across Ohio.

Projects approved by the TCA include:

SOUTHEAST

Candle-Lite Company LLC, village of Leesburg (Highland Co.), expects to create 82 full-time positions, generating $2.8 million in new annual payroll and retaining $25.3 million in existing payroll as a result of the company’s expansion project in Leesburg. Candle-Lite is a maker of candles. The TCA approved a 0.885 percent, six-year Job Creation Tax Credit for this project.

Winesburg Chair Company LTD, Paint Township (Holmes Co.), expects to create 50 full-time positions, generating $2 million in new annual payroll and retaining $9 million in existing payroll as a result of the company’s expansion project in Paint Township. Winesburg Chair produces furniture from forest to fabrication. The TCA approved a 0.970 percent, six-year Job Creation Tax Credit for this project.

CENTRAL 

Amgen Inc., city of New Albany (Licking Co.), expects to create 400 full-time positions, generating $40.9 million in new annual payroll as a result of the company’s new project in New Albany. Amgen is a biotechnology medicines company that discovers, develops, manufactures, and markets medicines for illnesses. The TCA approved a 2.427 percent, 15-year Job Creation Tax Credit for this project.

Bold Penguin Inc., city of Columbus (Franklin Co.), expects to create 162 full-time positions, generating $13.7 million in new annual payroll and retaining $11 million in existing payroll as a result of the company’s expansion project in Columbus. Bold Penguin is an insurtech company providing solutions to insurers and independent agents in the commercial insurance industry. The TCA approved a 2.063 percent, nine-year Job Creation Tax Credit for this project.

Midwest Molding Inc., Jerome Township (Union Co.), expects to create 55 full-time positions, generating $2 million in new annual payroll and retaining $4.2 million in existing payroll as a result of the company’s expansion project in Jerome Township. Midwest Molding is a plastic injection molding company. The TCA approved a 1.048 percent, six-year Job Creation Tax Credit for this project.

Path Robotics Inc., city of Columbus (Franklin Co.), expects to create 140 full-time positions, generating $10 million in new annual payroll and retaining $6 million in existing payroll as a result of the company’s expansion project in Columbus. Path Robotics produces autonomous welding robots based on proprietary artificial intelligence and computer vision algorithms. The TCA approved a 1.877 percent, nine-year Job Creation Tax Credit for this project.

NORTHEAST

Nexus Engineering Group LLC, city of Cleveland (Cuyahoga Co.) and city of Maumee (Lucas Co.), expects to create 65 full-time positions, generating $7.8 million in new annual payroll and retaining $14.9 million in existing payroll as a result of the company’s expansion project in Cleveland and Maumee. Nexus Engineering is an engineering firm that services the refining, midstream, chemical processing, utility, and manufacturing industries. The TCA approved a 2.076 percent, eight-year Job Creation Tax Credit for this project.

NORTHWEST

Findlay Machine & Tool Inc. (FMT Plastics), city of Findlay (Hancock Co.), expects to create 52 full-time positions, generating $2.5 million in new annual payroll and retaining $1.4 million in existing payroll as a result of the company’s expansion project in Findlay. FMT Plastics is a plastic injection molding company. The TCA approved a 1.276, six-year Job Creation Tax Credit for this project.

TBD

Protiviti and Robert Half International Inc. (Protiviti), TBD, expects to create 450 full-time positions, generating $25.6 million in new annual payroll as a result of the company’s new project in a to-be-determined location. Protiviti is a global consulting firm offering an array of risk, financial, technology, and business performance solutions to consumer product, financial, manufacturing, technology, and other industries. The TCA approved a 1.986 percent, 10-year Job Creation Tax Credit for this project.