Columbus, Ohio – Governor Ted Strickland and Director of the Ohio Department of Development Lisa Patt-McDaniel have announced that the Ohio Tax Credit Authority has approved Job Creation Tax Credits for 11 businesses involved in projects that, if expanded or located in Ohio, are expected to create 1,012 jobs and retain 312 positions for Ohioans.
Creative Extruded Products, Inc. has been awarded a 40 percent job creation tax credit for a six-year term as a result of the company’s project in Tipp City (Miami County). The value of the tax credit is estimated at $23,462 over the term, and the company would be required to maintain operations at the project site for nine years. Founded in 1979, Creative Extruded Products, Inc. is a custom plastic profile extrusion company working with customers from prototype, through product development, to production. This project includes the expansion of a 100,000-square-foot existing facility which will house the manufacturing of two major product lines. The more than $1.4 million project is expected to create 34 jobs and retain 154 positions.
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Devicor Medical Products, Inc. has been awarded a 60 percent job creation tax credit for a seven-year term as a result of the company’s project in the City of Sharonville (Hamilton County). The value of the tax credit is estimated at $1,482,001 over the term, and the company would be required to maintain operations at the project site for 10 years. Devicor Medical Products is a global company dedicated to acquiring and growing healthcare products, providing important medical technologies used by clinicians to improve patient experiences and outcomes. This project includes the lease of a facility to house the company’s corporate headquarters and research and development operations. The $24 million project is expected to create 72 jobs and retain 33 positions.
E-BEAM Services, Inc. has been awarded a 45 percent job creation tax credit for a five-year term as a result of the company’s project in the City of Lebanon (Warren County). The value of the tax credit is estimated at $15,074 over the term, and the company would be required to maintain operations at the project site for eight years. E-BEAM Services is a major supplier of contract electron beam processing in North America, operating three electron beam processing centers and providing cross-linking and sterilization services to more than 100 companies. This project includes the expansion of a 26,000-square-foot facility and the installation of machinery and equipment to house the company’s electronic beam manufacturing and distribution operation. The $7.6 million project is expected to create 22 jobs and retain 21 positions.
Island Aeseptics, LLC has been awarded a 45 percent job creation tax credit for a six-year term as a result of the company’s project in the Village of Byesville (Guernsey County). The value of the tax credit is estimated at $137,876 over the term, and the company would be required to maintain operations at the project site for nine years. Founded in 1984, Island Oasis Frozen Cocktail Co., Inc. is a beverage manufacturer of juices and frozen beverages, contracting with suppliers for fruit products to manufacture its own drink formulas. This project includes the expansion of the current manufacturing facility by 100,000 square feet to accommodate its parent company’s frozen cocktail and smoothie mix business. The more than $10.8 million project is expected to create 100 jobs and retain 62 positions.
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Metrolinked, LLC has been awarded a 45 percent job creation tax credit for a five-year term as a result of the company’s projects in the City of Upper Arlington (Franklin County). The value of the tax credit is estimated at $76,273 over the term, and the company would be required to maintain operations at the project site for eight years. Metrolinked, dba KidsLinked.com is a hyper-local website for parents specializing in connecting them with local family activities, events, and children classes through specialized technology for busy parents. This project includes the renovation of an existing facility housing the company’s website design operation. The $93,500 project is expected to create 56 jobs and retain 15 jobs.
Middletown Coke Company, LLC has been awarded a 70 percent job creation tax credit for a 10-year term as a result of the company’s project in the City of Middletown (Butler County). The value of the tax credit is estimated at $693,282 over the term, and the company would be required to maintain operations at the project site for 13 years. Middletown Coke produces blast furnace coke product and the cogeneration of electricity from the waste heat captured during the coke production process. This project includes the construction of a 21,000-square-foot facility to house the company’s blast furnace coke production project. The $385 million project is expected to create 75 jobs.
NationsHealth, Inc. has been awarded a 45 percent job creation tax credit for a five-year term as a result of the company’s project in the City of Gahanna or the City of Columbus (Franklin County). The value of the tax credit is estimated at $368,864 over the term, and the company would be required to maintain operations at the project site for eight years. NationsHealth provides medical products nationwide to Medicare managed care beneficiaries, focusing on improving the delivery and cost of healthcare to nearly 45 million beneficiaries in the United States. This project includes the lease of a 60,000-square-foot facility housing the company’s distribution center and call center activities. The $550,000 project is expected to create 350 jobs.
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Overhead Door Corporation has been awarded a 45 percent job creation tax credit for a six-year term as a result of the company’s project in the Village of Mount Hope (Holmes County). The value of the tax credit is estimated at $410,313 over the term, and the company would be required to maintain operations at the project site for nine years. Overhead Door Corporation is a world leader in the garage door and garage door opener industry. The project includes capital improvements in machinery and equipment and is expected to create 150 jobs.
SUREnergy, LLC has been awarded a 50 percent job creation tax credit for an eight-year term as a result of the company’s project in the City of Port Clinton (Ottawa County). The value of the tax credit is estimated at $382,111 over the term, and the company would be required to maintain operations at the project site for 11 years. Established in 2009, SUREnergy is Ohio’s first manufacturer of a commercial grade winds turbine created for the purpose of manufacturing and distribution, sales and services, and installation and maintenance of renewable energy systems. This project includes the acquisition and renovation of an existing 20,000-square-foot building housing a manufacturing, distribution, training, research and development and office facility. The more than $1.8 million project is expected to create 72 jobs.
The Miller Cabinet Company, LLC has been awarded a 45 percent job creation tax credit for a six-year term as a result of the company’s project in Jerome Township (Union County). The value of the tax credit is estimated at $190,945 over the term, and the company would be required to maintain operations at the project site for nine years. Founded in 1945 and privately held, The Miller Cabinet Company specializes in custom cabinetry, commercial casework, mill work, stone countertop fabrication, and tile sales. This project includes the lease of an 11,500-square-foot facility which will house the company’s custom cabinetry manufacturing operation. The $525,000 project is expected to create 53 jobs and retain 27 positions.
The TJX Companies, Inc. has been awarded a 55 percent job creation tax credit for a seven-year term as a result of the company’s proposed project in the Village of New Albany (Franklin County). The value of the tax credit is estimated at $175,893 over the term, and the company would be required to maintain operations at the project site for 10 years. TJX is a leading off-price apparel and home fashion retailer in the United States and worldwide, operating more than 2,700 stores under multiple nameplates, such as T.J. Maxx, Marshalls, HomeGoods, and A.J. Wright. This project includes the construction of a new 65,000-square-foot facility housing a data center to support the company’s retail stores. The more than $78.6 million project is expected to create 28 jobs.
Working with our partners across business, state and local governments, academia, and the nonprofit sector, the Ohio Department of Development works to attract, create, grow, and retain businesses through competitive incentives and targeted investments. Engaged every day in marketing, innovating, investing, and collaborating, the Ohio Department of Development works at the speed of business to accelerate and support the teamwork that is absolutely necessary for success by providing financial, informational, and technical assistance to those making an investment in Ohio’s future.
The Ohio Tax Credit Authority is a five-member independent board consisting of taxation and economic development professionals from throughout the state that is responsible for reviewing and approving applications for state tax credit assistance. The Authority also has oversight responsibilities that include monitoring and reporting the progress of approved tax credit projects. The Ohio Tax Credit Authority’s approval of incentives indicates the state’s commitment to the company, and precedes a final decision of the company to accept or decline the tax incentives approved.
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