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17 Companies Expected to Invest $173.5 Million, Impacting More Than 4,300 Jobs

COLUMBUS - Today Governor John R. Kasich announced the approval of assistance for 17 projects set to create 1,758 jobs and retain 2,551 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 $67.1 million in new payroll, and spur nearly $173.5 million in investment across Ohio.

Projects approved by the TCA include:

CENTRAL

BrewDog USA Inc., City of Canal Winchester (Franklin Co.) expects to create 125 full-time positions, generating $5.3 million in annual payroll as a result of the company's new project in the City of Canal Winchester (Franklin Co.). BrewDog USA is a Scottish craft beer brewery with more than 25 locations worldwide. The TCA approved a 60 percent, eight-year Job Creation Tax Credit for this project.

PCCW Teleservices (US), Inc., City of Dublin (Franklin Co.) expects to create 160 full-time positions, generating $4 million in additional annual payroll and retaining $8.2 million in existing payroll as a result of the company's new project in the City of Dublin (Franklin Co.). PCCW provides voice and non-voice customer service, technical support, sales and customer retention. The TCA approved a 50 percent, six-year Job Creation Tax Credit for this project.

Schoola Inc., LLC, City of Columbus (Franklin Co.) expects to create 225 full-time positions, generating $6.1 million in annual payroll as a result of the company's new project in the City of Columbus (Franklin Co.). Schoola is an e-commerce company that works with schools and corporations to collect gently used children's clothing. The company sells the clothing from its website and returns 40 percent of sales back to the school. The TCA approved a 50 percent, eight-year Job Creation Tax Credit for this project.

Valeo North America, Inc., Perry Township (Logan Co.) expects to create 85 full-time positions, generating $3.9 million in annual payroll as a result of the company's new project in Perry Township (Logan Co.). Valeo develops and manufactures systems, modules and components to manage the thermal energy of the powertrain in automobiles. The TCA approved a 45 percent, seven-year Job Creation Tax Credit for this project.

NORTHEAST

Cable Manufacturing & Assembly, Inc. (CMA), Village of Bolivar (Tuscarawas Co.) expects to create 51 full-time positions, generating $1.3 million in additional annual payroll and retaining $2.6 million in existing payroll as a result of the company's expansion project in the Village of Bolivar (Tuscarawas Co). CMA designs and manufactures mechanical cable and controls and conductive assemblies for transportation, recreational products, medical and industrial markets. The TCA approved a 40 percent, five-year Job Creation Tax Credit for this project.

Mac Trailer Enterprises, Inc., City of Alliance (Stark Co.) expects to create 150 full-time positions, generating $7.5 million in additional annual payroll and retaining $26 million in existing payroll as a result of the company's expansion project in the City of Alliance (Stark Co.). Mac Trailer manufactures steel and aluminum dump trailers, transfer trailers, flatbed trailers, drop deck trailers, pneumatic tank trailers and straight truck bodies. The TCA approved a 55 percent, seven-year Job Creation Tax Credit for this project.

NPA Coatings Inc., City of Cleveland (Cuyahoga Co.) expects to create 25 full-time positions, generating $1.3 million in additional annual payroll and retaining $7 million in existing payroll as a result of the company's expansion project in the City of Cleveland (Cuyahoga Co.). NPA Coatings manufactures liquid automotive coatings, pre-treatment chemicals and paint protection films to industry customers and automotive manufacturers. The TCA approved a 45 percent, six-year Job Creation Tax Credit for this project.

SOUTHWEST

ODW LTS, LLC (ODW Logistics), City of Hamilton (Butler Co.) expects to create 40 full-time positions, generating $2 million in additional annual payroll and retaining $2.2 million in existing payroll as a result of the company's expansion project in the City of Hamilton (Butler Co.). ODW Logistics provides third-party logistics utilizing ODW warehouse facilities. The TCA approved a 45 percent, five-year Job Creation Tax Credit for this project. Tripack LLC, City of Blue Ash (Hamilton Co.) expects to create 60 full-time positions, generating $2.4 million in additional annual payroll and retaining $1.6 million in existing payroll as a result of the company's new project in the City of Blue Ash (Hamilton Co.). Tripack provides design and manufacturing solutions to the shrink sleeve segment of the packaging industry. The TCA approved a 45 percent, seven-year Job Creation Tax Credit for this project.

WESTERN

Catalyst Paper Operations Inc. (Catalyst), Washington Township (Montgomery Co.) expects to create 10 full-time positions, generating $900,000 in additional annual payroll and retaining $2.3 million in existing payroll as a result of the company's acquisition project in Washington Township (Montgomery Co.). Catalyst manufactures printing papers for the paper industry. The TCA approved a 35 percent, six-year Job Creation Tax Credit for this project.

Stolle Machinery Company, LLC, City of Vandalia (Montgomery Co.) expects to create 40 full-time positions, generating $2 million in additional annual payroll and retaining $2.2 million in existing payroll as a result of the company's expansion project in the City of Vandalia (Montgomery Co.). Stolle supplies two piece can and end-making machinery for the can making industry. The TCA approved a 45 percent, five-year Job Creation Tax Credit for this project.

Clopay Building Products Company, Inc., City of Troy (Miami Co.) expects to create 205 full-time positions, generating $10.5 million in additional annual payroll and retaining $34.9 million in existing payroll as a result of the company's expansion project in the City of Troy (Miami Co.). Clopay Building Products manufactures residential garage doors and supplies commercial overhead sectional garage doors and coiling steel doors. The TCA approved a 50 percent, 10-year Job Creation Tax Credit for this project.

SOUTHEAST

Corvac Composites, LLC, Village of Greenfield (Highland Co.) expects to create 175 full-time positions, generating $4.9 million in annual payroll as a result of the company's new project in the Village of Greenfield (Highland Co.). Corvac Composites manufactures plastic airflow management and water deflection systems for the automotive industry. The TCA approved a 55 percent, eight-year Job Creation Tax Credit for this project.

NORTHWEST

Halla Visteon Climate Control USA, LLC (HVCC), Village of Carey (Wyandot Co.) expects to create 139 full-time positions, generating $5.2 million in annual payroll as a result of the company's new project in the Village of Carey (Wyandot Co.). HVCC supplies climate and thermal management systems, modules and components to automotive original equipment manufacturers. The TCA approved a 55 percent, nine-year Job Creation Tax Credit for this project.

Tower Automotive Operations USA I, LLC, City of Bellevue (Sandusky Co.) expects to create 138 full-time positions, generating $6 million in additional annual payroll and retaining $3.5 million in existing payroll as a result of the company's expansion project in the City of Bellevue (Sandusky Co.). Tower Automotive manufactures structural metal components and assemblies. It supplies body-structure stampings, frames and welded assemblies for the automotive industry. The TCA approved a 50 percent, seven-year Job Creation Tax Credit for this project.

TO BE DETERMINED

iSqFt, Inc., (Location TBD)

expects to create 110 full-time positions, generating $2.9 million in additional annual payroll and retaining $22.2 million in existing payroll as a result of the company's expansion project in a to-be-determined location. iSqFt operates an online network for commercial construction in the United States. The TCA approved a 65 percent, 10-year Job Creation Tax Credit for this project.

nddPrint, Inc., (Location TBD)

expects to create 20 full-time positions, generating $1 million in annual payroll as a result of the company's new project in a to-be-determined location. nddPrint is an IT solutions company headquartered in Brazil. The TCA approved a 50 percent, six-year Job Creation Tax Credit for this project.