DeWine Administration approves funding for new projects
By Terry Troy
If you’re wondering where your tax dollars are going to spur economic development in Ohio, here’s a brief list of what happened in July. (You may have already read about some of these.) The DeWine Administration, including Ohio Governor Mike DeWine and Lt. Governor Jon Husted, have approved assistance for multiple projects across our state which will create 660 new jobs while retaining more than 3,300 positions statewide.
During a recent monthly meeting, the Ohio Tax Credit Authority (TCA) reviewed economic development proposals brought to the board by JobsOhio and its regional partners. The projects are expected to result in more than $39 million in new payroll and more than$51.8 million in investments.
Berkshire Refrigerated Warehousing LLC in Sheffield in Lorain County will create 90 full-time positions while generating $5 million in new annual payroll as the result of a new project. Berkshire Refrigerated provides non-contract refrigerated warehousing and storage services. The company provides storage for both refrigerated and frozen foods as well as services for processing, preparing, and packaging foods for contracted companies. The TCA approved a 1.462%, eight-year Job Creation Tax Credit for this project. Motion Controls Robotics is creating 18 positions and $1.2 million in new annual payroll, while retaining $4.9 million in existing payroll as the result of an expansion in Fremont. Motion Controls manufactures robotic case packing, robotic palletizing, and machine tending; large-scale end-of-line robotic packaging and handling systems; vision-guided systems; robotic simulation; AVG systems; and intelligent robotic systems. The TCA approved a 1.198%, six-year Job Creation Tax Credit for this project.
Chillicothe Kenworth LLC and Roadforce Companies LLC in Green Township in Ross County is creating 119 positions that will generate $7.5 in new payroll as the result of an expansion project in Southeast Ohio.
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.
The Evans Food Group of Portsmouth in Scioto County will generate $1.5 million in new payroll with 40 new positions as the result of a new project. 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. McWane Inc. in Coshocton is creating 50 new positions, and generating $2.6 million in new payroll as a result of an expansion project. At its facility in Coshocton, McWane manufactures ductile iron piping used in underground infrastructure, as well as utility poles that are in demand in hazard-prone areas, i.e., wildfire, and hurricanes. The TCA approved a 1.372%, six-year Job Creation Tax Credit for this project.
Synchrony Bank of West Chester Township is creating 300 fulltime jobs and $16.5 million in new annual payroll as the result of a new location project. Synchrony Bank, under the umbrella of Synchrony Financial, is a leading consumer financial services company that specializes in providing customers with a unique set of financing solutions. The company partners with leading retailers, including co-branded and private label credit cards, promotional financing, and CareCredit for medical expenses. The TCA approved a $1.464%, nine-year Job Creation Tax Credit for this project.