Gov. John R. Kasich announced approvals by the Ohio Tax Credit Authority (TCA) of eight projects expected to create 526 jobs, retain 752 jobs, add more than $19 million in payroll to the economy, and spur more than $294 million in investment across Ohio.
Projects approved include:
Ascena Retail Group, Inc., Etna Township (Licking Co.) expects to create 225 full-time positions, generating $6.7 million in additional annual payroll and retaining $10.2 million in existing payroll as a result of the company’s expansion project in Etna Township (Licking Co.). Ascena Retail Group is a retailer of apparel for women and tween girls. The TCA approved a 60 percent, 10-year Job Creation Tax Credit for this project. Mace Security International, Inc., (Location TBD) expects to create 35 full-time positions, generating $1.9 million in new annual payroll as a result of the company’s consolidation project at a location to-be-determined. Makino Inc., (Location TBD) expects to create 48 full-time positions, generating $3.3 million in additional annual payroll and retaining $17.4 million in existing payroll as a result of the company’s expansion project at a location to-be-determined. Menlo Logistics Inc., Etna Township (Licking Co.) expects to create 63 full-time positions, generating $2 million in additional annual payroll and retaining $714,000 in existing payroll as a result of the company’s expansion project at a location to-be-determined. Menlo Logistics specializes in the integration of all functions across the supply chain, from sourcing of raw materials, through product manufacturing and distribution. The TCA approved a 45 percent, six-year Job Creation Tax Credit for this project. H & H Screening and Graphics East, Inc., City of Steubenville (Jefferson Co.) expects to create 125 full-time positions, generating $3.5 million in new annual payroll as a result of the company’s new location project in the City of Steubenville (Jefferson Co.). H & H Screening and Graphics East is a private company categorized under Silk Screen Printing which provides clothing screen printing, specialty printing and custom graphic designs. The TCA approved a 45 percent, six-year Job Creation Tax Credit for this project. Norlake Manufacturing Co., Inc., City of North Ridgeville (Lorain Co.) expects to create 30 fulltime 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 North Ridgeville (Lorain Co.). Safeguard Properties, LLC, City of Mentor (Lake Co.) expects to create 50 full-time positions, generating $1.5 million in additional annual payroll and retaining$2.9 million in existing payroll as a result of the company’s expansion project in the City of Mentor (Lake Co.). The TCA approved a 55 percent, seven-year Job Creation Tax Credit for this project.
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