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Statewide Investments to Create $53.1 Million in New Payroll

COLUMBUS – Today Governor John R. Kasich announced the approval of assistance for 14 projects set to create 1,091 jobs and retain 1,417 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 $53.1 million in new payroll and spur more than $320 million in investment across Ohio.

Projects approved by the TCA include:

CENTRAL

Exceptional Innovation, Inc., City of Westerville (Delaware Co.) expects to create 102 full-time positions, generating $9.1 million in new annual payroll and retaining $4.7 million in existing payroll as a result of the company’s expansion project in the City of Westerville (Delaware Co.). Exceptional Innovation designs, builds and implements solutions for the hospitality market. The TCA approved a 2.158 percent, nine-year Job Creation Tax Credit for this project.

FacilitySource, LLC, City of Columbus (Franklin Co.) expects to create 125 full-time positions, generating $3.4 million in new annual payroll and retaining $11.8 million in existing payroll as a result of the company’s expansion project in the City of Columbus (Franklin Co.). FacilitySource is a national facilities management service provider. The TCA approved a 0.915 percent, six-year Job Creation Tax Credit for this project.

MedVet Associates, LLC, City of Worthington (Franklin Co.) expects to create 41 full-time positions, generating $3 million in new annual payroll and retaining $3.9 million in existing payroll as a result of the company’s expansion project in the City of Worthington (Franklin Co.). MedVet provides specialty and emergency veterinary care. The TCA approved a 1.461 percent, six-year Job Creation Tax Credit for this project.

Nippon Rika Inc., Bennington (Morrow Co.) expects to create 20 full-time positions, generating $820,000 in new annual payroll and retaining $139,000 in existing payroll as a result of the company’s new location project in Bennington (Morrow Co.). Nippon Rika distributes mica insulation materials for motors and generators. The TCA approved a 0.935 percent, five-year Job Creation Tax Credit for this project.

Pactiv, LLC, City of Columbus (Franklin Co.) expects to create 65 full-time positions, generating $2.4 million in new annual payroll and retaining $5.7 million in existing payroll as a result of the company’s consolidation project in the City of Columbus (Franklin Co.). Pactiv manufactures and distributes food packaging and foodservice products. The TCA approved a 1.283 percent, six-year Job Creation Tax Credit for this project.

Sofidel America Corp., Pickaway Township (Pickaway Co.) expects to create 310 full-time positions, generating $12.8 million in new annual payroll as a result of the company’s new location project in Pickaway Township (Pickaway Co.). Sofidel America manufactures tissue paper. The TCA approved a 1.971 percent, 10-year Job Creation Tax Credit for this project.

SOUTHWEST

Bridge Logistics, Inc., West Chester Township (Butler Co.) expects to create 30 full-time positions, generating $2.4 million in new annual payroll and retaining $1.3 million in existing payroll as a result of the company’s expansion project in West Chester Township (Butler Co.). Bridge Logistics manages transportation needs for businesses.  The TCA approved a 1.325 percent, five-year Job Creation Tax Credit for this project.

Cincinnati Fan & Ventilator Company, Inc., City of Mason (Warren Co.) expects to create 63 full-time positions, generating $2 million in new annual payroll and retaining $5.9 million in existing payroll as a result of the company’s acquisition project in the City of Mason (Warren Co.). Cincinnati Fan & Ventilator manufactures fans and blowers. The TCA approved 1.003 percent, five-year Job Creation Tax Credit for this project.

dunnhumby, Inc., City of Norwood (Hamilton Co.) expects to create 25 full-time positions, generating $3 million in new annual payroll and retaining $10.8 million in existing payroll as a result of the company’s expansion project in the City of Norwood (Hamilton Co.). dunnhumby provides data analytic services for major global brands. The TCA approved a 1.736 percent, six-year Job Creation Tax Credit for this project.

Gold Medal Products Co., Village of Evendale (Hamilton Co.) expects to create 30 full-time positions, generating $1 million in new annual payroll and retaining $15.6 million in existing payroll as a result of the company’s expansion project in the Village of Evendale (Hamilton Co.). Gold Medal Products produces concession equipment and food supply products. The TCA approved a 0.579 percent, six-year Job Creation Tax Credit for this project.

WEST

Gardens Alive, Inc., Cities of Dayton (Montgomery Co.) and Tipp City (Miami Co.) & Village of Lewisburg (Preble Co.) expects to create 54 full-time positions, generating $1.4 million in new annual payroll and retaining $8.8 million in existing payroll as a result of the company’s consolidation project in the Cities of Dayton (Montgomery Co.), Tipp City (Miami Co.) and Village of Lewisburg (Preble Co.). Gardens Alive sells garden and lawn supplies. The TCA approved a 0.686 percent, six-year Job Creation Tax Credit for this project.

NextGen Federal Systems, LLC, City of Beavercreek (Greene Co.) expects to create 16 full-time positions, generating $1.6 million in new annual payroll and retaining $249,977 in existing payroll as a result of the company’s new location project in the City of Beavercreek (Greene Co.). NextGen Federal is an information technology and software engineering company. The TCA approved a 1.263 percent, five-year Job Creation Tax Credit for this project.

NORTHEAST

The Atlantic Tool & Die Company, Villages of Sharon Center and Seville (Medina Co.) and City of Strongsville (Cuyahoga Co.) expects to create 40 full-time positions, generating $1.6 million in new annual payroll and retaining $10.4 million in existing payroll as a result of the company’s consolidation project in the Villages of Sharon Center and Seville (Medina Co.) and City of Strongsville (Cuyahoga Co.). Atlantic Tool & Die manufactures precision metal stampings and assemblies. The TCA approved a 1.065 percent, seven-year Job Creation Tax Credit for this project.

Xellia Pharmaceuticals USA LLC, City of Bedford (Cuyahoga Co.) expects to create 170 full-time positions, generating $8.5 million in new annual payroll and retaining $500,000 in existing payroll as a result of the company’s new location project in the City of Bedford (Cuyahoga Co.). Xellia Pharmaceuticals is a specialty pharmaceutical company. The TCA approved a 1.636 percent, seven-year Job Creation Tax Credit for this project.