Ohio Gov. John Kasich announces tax credits for job creators in Greater Cincinnati and around state

4,412 jobs, $86M in investments promised

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COLUMBUS - Ohio Gov. John R. Kasich has announced the approval of assistance for 13 projects set to create 1,417 jobs and retain 2,995 jobs statewide.

Included are projects in Cincinnati, St. Bernard, West Chester Township and Middletown, plus three in Wilmington.

The projects are expected to result in more than $57 million in new payroll, and spur approximately $86 million in investment across Ohio.

During their monthly meeting, the Ohio Tax Credit Authority (TCA) reviewed economic development proposals brought to the board by JobsOhio and its regional partners.

Projects approved by the TCA include:

HAMILTON COUNTY

Epipheo, Inc., of Cincinnati expects to create 100 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 here. Epipheo is an Internet video studio providing online marketing videos. The TCA approved a 50 percent, six-year Job Creation Tax Credit.

Emery Oleochemicals LLC in St. Bernard expects to create 35 full-time positions, generating $2.7 million in additional annual payroll and retaining $21 million in existing payroll as a result of an expansion project. Emery Oleochemicals is a natural-based chemical producer. The TCA approved a 45 percent, five-year Job Creation Tax Credit.

BUTLER COUNTY

Avure Technologies, Inc., of Middletown expects to create 30 full-time positions, generating $1.9 million in additional annual payroll as a result of a new location project in Middletown, Avure Technologies designs, manufactures, installs and provides service for high pressure machinery. The TCA approved a 40 percent, six-year Job Creation Tax Credit.

Control Concepts and Design Inc. dba E-Technologies Group, West Chester Twp. expects to create 27 full-time positions, generating $2.3 million in additional annual payroll and retaining $8 million in existing payroll as a result of an expansion project.  E-Technologies Group provides engineering and information technology services. The TCA approved a 45 percent, five-year Job Creation Tax Credit.

CLINTON COUNTY

DealerTrack, Inc., of Wilmington expects to create 213 full-time positions, generating $6 million in additional annual payroll and retaining $1.4 million in existing payroll as a result of an expansion project. DealerTrack's primary line of business will be contract scanning and vehicle title administration services. The TCA approved a 50 percent, seven-year Job Creation Tax Credit.

Custom Molded Products, LLC dba NB Allen, Ltd., of Wilmington expects to create 40 full-time positions, generating $1.2 million in additional annual payroll and retaining $4 million in existing payroll as a result of an  expansion project. Molded Products produces emergency, dental, automotive and home sundry items. The TCA approved a 45 percent, six-year Job Creation Tax Credit.

Praxair Distribution, Inc., of Wilmington expects to create 25 full-time positions, generating $1.1 million in additional annual payroll as a result of a new location project. Praxair produces and distributes high pressure atmospheric and industrial gases for industrial and medical uses. The TCA approved a 40 percent, six-year Job Creation Tax Credit.

GREENE COUNTY

ANC, LLC,  of Fairborn expects to create 27 full-time positions, generating $1.3 million in additional annual payroll and retaining $2 million in existing payroll as a result of an acquisition project. ANC is a medical equipment manufacturer that provides engineering and manufacturing services. The TCA approved a 45 percent, six-year Job Creation Tax Credit.

CENTRAL OHIO

Cellco Partnership dba Verizon Wireless, City of Hilliard (Franklin Co.) expects to create 500 full-time positions, generating $20.8 million in additional annual payroll and retaining $94.5 million in existing payroll as a result of a the company's consolidation project. Verizon Wireless offers wireless voice and data service. The TCA approved a 70 percent, 10-year Job Creation Tax Credit.

NORTHEAST OHIO

Westerman, Inc.,  of Wooster (Wayne Co.) expects to create 120 full-time positions, generating $5.4 million in additional annual payroll and retaining $4 million in existing payroll as a result of an expansion project. Westerman is a manufacturer of technical products for global energy, marine and industrial end markets. The TCA approved a 40 percent, seven-year Job Creation Tax Credit.

Lexi-Comp, Inc. of Hudson (Summit Co.) expects to create 30 full-time positions generating $2.7 million in additional annual payroll and retaining $12 million in existing payroll as a result of an expansion project. Lexi-Comp provides drug information and clinical content for the healthcare industry. The TCA approved a 50 percent, seven-year Job Creation Tax Credit for this project.

Design Dynamics, Inc. dba SMC Design Dynamics, of Twinsburg (Summit Co.) expects to create 20 full-time positions, generating $900,000 in additional annual payroll and retaining $504,000 in existing payroll as a result of an expansion project. SMC Design Dynamics is a contract manufacturer of medical devices. The TCA approved a 40 percent, six-year Job Creation Tax Credit.

In addition, Speed FC, Inc. (Location TBD) expects to create 250 full-time positions, generating $6 million in additional annual payroll and retaining $5.5 million in existing payroll as a result of an expansion project at a to-be-determined location. Speed FC provides e-commerce services including website development, fulfillment and call center services. The TCA approved a 50 percent, eight-year Job Creation Tax Credit.

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