Ohio Continues to Attract New Business Investment

Release:

COLUMBUS – Gov. John R. Kasich today announced the approval of assistance for 25 projects set to create more than 2,000 jobs and retain 2,655 jobs statewide. During its monthly meeting, the Ohio Tax Credit Authority reviewed economic development proposals brought to the board by JobsOhio and its regional partners. Together the projects are expected to result in more than $84 million in new payroll and $212 million in investment across Ohio.



Projects approved by the TCA include:



Sedgwick Claims Management Services, Inc., (Location TBD) expects to create 34 full-time positions, generating $1.5 million in additional annual payroll and retaining $9.7 million in existing payroll as a result of the company’s expansion project a location to-be-determined. Sedgwick Claims Management Services provides claim and productivity management solutions to locations in the United State and Canada. The TCA approved a 50 percent, five-year Job Creation Tax Credit for this project.

Sedgwick Claims Management Services, Inc., (Location TBD) expects to create 240 full-time positions, generating $9.1 million in new annual payroll as a result of the company’s new location project a location to-be-determined. Sedgwick Claims Management Services provides claim and productivity management solutions to locations in the United State and Canada. The TCA approved a 50 percent, five-year Job Creation Tax Credit for this project.

Total Quality Logistics, LLC (Location TBD) expects to create 40 full-time positions, generating $1.4 million in additional annual payroll and retaining $1.5 million in existing payroll as a result of the company’s expansion project at a to-be-determined project location. Total Quality Logistics is a freight brokerage firm. The TCA approved a 40 percent, five-year Job Creation Tax Credit for this project.

Total Quality Logistics, LLC (Location TBD) expects to create 75 full-time positions, generating $2.6 million in new annual payroll as a result of the company’s expansion project at a to-be-determined location. Total Quality Logistics is a freight brokerage firm. The TCA approved a 50 percent, six-year Job Creation Tax Credit for this project.

Central Ohio

Sarnova, Inc., City of Dublin (Franklin Co.) expects to create 21 full-time positions, generating $1.2 million in additional annual payroll and retaining $8 million in existing payroll as a result of the company’s consolidation project in the City of Dublin (Franklin Co.). Sarnova distributes emergency medical equipment in the United States. The TCA approved a 40 percent, five-year Job Creation Tax Credit for this project.

Sid Tool Co, Inc., dba MSC Industrial Direct Co., City of Columbus (Franklin Co.) expects to create 250 full-time positions, generating $7.9 million in new annual payroll as a result of the company’s new location project in the City of Columbus (Franklin Co.). MSC Industrial Direct Co. is one of the largest direct marketers and distributors of a range of metalworking and maintenance, repair, and operations products to customers through the United States. The TCA approved a 65 percent, eight-year Job Creation Tax Credit for this project.

Northeast Ohio

Alltech Medical Systems America, Inc., City of Solon (Cuyahoga Co.) expects to create 77 full-time positions, generating $5.3 million in additional annual payroll and retaining $3.4 million in existing payroll as a result of the company’s expansion project in the City of Solon (Cuyahoga Co.). Alltech Medical Systems America designs, manufactures, and will ship and support Magnetic Resonance Imaging systems in the United States and the western hemisphere. The TCA approved a 50 percent, six-year Job Creation Tax Credit for this project.

Crosscountry Mortgage Inc., City of Brecksville (Cuyahoga Co.) expects to create 40 full-time positions, generating $2.4 million in additional annual payroll and retaining $6.7 million in existing payroll as a result of the company’s expansion project in the City of Brecksville (Cuyahoga Co.). Crosscountry Mortgage offers a variety of consumer loan products mainly to residential loan customers. The TCA approved a 35 percent, five-year Job Creation Tax Credit for this project.

Nestle Research & Development Center, Inc., City of Solon (Cuyahoga Co.) expects to create 23 full-time positions, generating $2.2 million in additional annual payroll and retaining $8.7 million in existing payroll as a result of the company’s expansion project in the City of Solon (Cuyahoga Co.). Nestle has a mission of “Good Food, Good Life” and is a food and beverage distributor. The TCA approved a 45 percent, seven-year Job Creation Tax Credit for this project.

The Brewer-Garrett Company, City of Middleburg Heights (Cuyahoga Co.) expects to create 27 full-time positions generating $1.5 million in additional annual payroll and retaining $6.2 million in existing payroll as a result of the company’s expansion project in the City of Middleburg Heights (Cuyahoga Co.). The Brewer-Garrett Company is a design/build mechanical contractor. Products and services offered by the company are energy saving mechanical contracting solutions, maintenance services, and facility services. The TCA approved a 35 percent, five-year Job Creation Tax Credit for this project.

Wiseco Piston Company, Inc., City of Mentor (Lake County) expects to create 100 full-time positions, generating $3.5 million in additional annual payroll and retaining $12.4 million in existing payroll as a result of the company’s consolidation project in the City of Mentor (Lake Co.). Wiseco Piston Company is a manufacturer of high-end internal engine components, specifically forged aluminum pistons. The TCA approved a 55 percent, seven-year Job Creation Tax Credit for this project.

Western Ohio

BOI Solutions, Inc., City of Miamisburg (Montgomery Co.) expects to create 15 full-time positions, generating $926,000 in new annual payroll as the result of the company’s new location project in the City of Miamisburg (Montgomery Co.). BOI Solutions is a design/build company focusing on media collaboration for Key Fortune 50 Companies. The TCA approved a 35 percent, six-year Job Creation Tax Credit for this project.

Production Control Units, Inc., City of Dayton (Montgomery Co.) expects to create 55 full-time positions, generating $2.7 million in additional annual payroll and retaining $2.8 million in existing payroll as a result of the company’s expansion project in the City of Dayton (Montgomery Co.). Production Control Units specializes in production process, automated assembly, and product testing solutions. The TCA approved a 45 percent, six-year Job Creation Tax Credit for this project.

Eurofins QTA, Inc., West Chester Township (Butler Co.) expects to create 12 full-time positions, generating $699,000 in additional annual payroll and retaining $1.1 million in existing payroll as a result of the company’s acquisition project in West Chester Township (Butler Co.) The Eurofins Quality Trait Analysis System utilizes Fourier Transform infrared spectroscopy to provide analyses of the broadest range of materials, components, and properties. The TCA approved a 40 percent, five-year Job Creation Tax Credit for this project.

Honeymoon Paper Products, Inc., City of Fairfield (Butler Co.) expects to create 16 full-time positions, generating $749,000 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 Fairfield (Butler Co.). Honeymoon Paper Products provides packaging solutions for a variety of businesses. The TCA approved a 35 percent, five-year Job Creation Tax Credit for this project.

Koch Foods of Cincinnati LLC, City of Fairfield (Butler Co.) expects to create 390 full-time positions, generating $10 million in additional annual payroll and retaining $20.6 million in existing payroll as a result of the company’s expansion project in the City of Fairfield (Butler Co.). Koch Foods of Cincinnati provides food products and service to retail operators around the world. The TCA approved a 55 percent, six-year Job Creation Tax Credit for this project.

Northwestern Ohio

Toledo Molding & Die, Inc., City of Toledo (Lucas County) expects to create 41 full-time positions, generating $1.1 million in new annual payroll as a result of the company’s expansion project in the City of Toledo (Lucas Co.). Toledo Molding & Die is a full service automotive supplier. The TCA approved a 50 percent, seven-year Job Creation Tax Credit for this project.

Toledo Molding & Die, Inc., City of Tiffin (Seneca County) expects to create 64 full-time positions, generating $1.8 million in additional annual payroll and retaining $12.9 million in existing payroll as a result of the company’s expansion project in the City of Tiffin (Seneca Co.). Toledo Molding & Die is a full service automotive supplier. The TCA approved a 50 percent, seven-year Job Creation Tax Credit for this project.

Toledo Molding & Die, Inc., City of Delphos (Van Wert County) expects to create 45 full-time positions, generating $1.3 million in additional annual payroll and retaining $6.8 million in existing payroll as a result of the company’s expansion project in the City of Delphos (Van Wert Co.). Toledo Molding & Die is a full service automotive supplier. The TCA approved a 50 percent, seven-year Job Creation Tax Credit for this project.

Southwestern Ohio

Axiom Consulting Private Limited, City of Blue Ash (Hamilton Co.) expects to create 40 full-time positions, generating $2.7 million in additional annual payroll and retaining $730,000 in existing payroll as a result of the company’s expansion project in the City of Blue Ash (Hamilton Co.) Axiom is a global Product Development, Innovation, and Engineering/Design Services Company. The TCA approved a 45 percent, six-year Job Creation Tax Credit for this project.

Cincinnati Test Systems, Inc., City of Harrison (Hamilton Co.) expects to create 30 full-time positions, generating $1.3 million in additional annual payroll and retaining $10.5 million in existing payroll as a result of the company’s expansion project in the City of Harrison (Hamilton Co.). Cincinnati Test Systems designs and manufactures standard and custom test solutions. The TCA approved a 45 percent, seven-year Job Creation Tax Credit for this project.

Corbus, LLC, City of Cincinnati (Hamilton Co.) expects to create 128 full-time positions, generating $9.2 million in additional annual payroll and retaining $675, 000 in existing payroll as a result of the company’s expansion project in the City of Cincinnati (Hamilton Co.) Corbus creates technology-empowered solutions with industry leading processes and technologies that deliver business value to global clients through year-on-year savings. The TCA approved a 55 percent, seven-year Job Creation Tax Credit for this project.

Integra LifeSciences Corporation, City of Cincinnati (Hamilton Co.) expects to create 60 full-time positions, generating $2.9 million in additional annual payroll and retaining $6.1 million in existing payroll as a result of the company’s expansion project in the City of Cincinnati (Hamilton Co.). Integra LifeSciences offers medical device solutions in orthopedics, neurosurgery, spine, reconstructive, and general surgery. The TCA approved a 45 percent, eight-year Job Creation Tax Credit for this project.

Southern Air Incorporated, City of Cincinnati (Hamilton Co.) expects to create 150 full-time positions, generating $8.2 million in new annual payroll as a result of the company’s new location project in the City of Cincinnati (Hamilton Co.). Southern Air provides flight services which include the aircraft, crew, maintenance, and insurance. The TCA approved a 55 percent, 10-year Job Creation Tax Credit for this project.

Wingate Packaging, Inc., City of Washington Courthouse (Fayette Co.) expects to create 30 full-time positions, generating $1 million in new annual payroll as a result of the company’s new location project in the City of Washington Courthouse (Fayette Co.). Wingate Packaging is one of the largest carton and board suppliers to the bacon industry in the United States. The TCA approved a 45 percent, six-year Job Creation Tax Credit for this project.