STATEWIDE PROJECTS TO CREATE $56 MILLION IN NEW PAYROLL

More Than 1,300 Jobs To Be Created Over The Next Three Years

 COLUMBUS – Today Governor John R. Kasich announced the approval of assistance for 15 projects set to create 1,328 jobs and retain 2,681 jobs statewide. During their 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 more than $56 million in new payroll, and spu approximately $190 million in investment across Ohio.

Projects approved by the TCA include:

G-TEKT North America Corporation (Location TBD) expects to create 77 full-time positions, generating $4.4 million in additional annual payroll as a result of the company’s new project at a to-be-determined location. G-TEKT participates in new automobile development by auto manufacturers. The TCA approved a 55 percent, eight-year Job Creation Tax Credit for this project.

Realeflow, LLC and G.R. Clement Inc. (Location TBD) expects to create 15 full-time positions, generating $900,000 in additional annual payroll and retaining $827,000 in existing payroll as a result of the company’s expansion at a project at a to-be-determined location. Realeflow is a software development company. The TCA approved a 35 percent, six-year Job Creation Tax Credit for this project.

CENTRAL OHIO

G-TEKT North America Corporation, Village of West Jefferson (Madison Co.) expects to create 23 full-time positions, generating $745,915 in additional annual payroll as a result of the company’s new project in the Village of West Jefferson (Madison Co.). G-TEKT participates in new automobile development by auto manufacturers. The TCA approved a 55 percent, eight-year Job Creation Tax Credit for this project.

Print Syndicate LLC, City of Columbus (Franklin Co.) expects to create 150 full-time positions, generating $5.6 million in additional annual payroll and retaining $432,000 in existing payroll as a result of the company’s expansion project in the City of Columbus (Franklin Co.). Print Syndicate is a design, marketing and technology company. The TCA approved a 45 percent, five-year Job Creation Tax Credit for this project.

Safelite Group, Inc., City of Columbus (Franklin Co.) expects to create 350 full-time positions, generating $14 million in additional annual payroll and retaining $44 million in existing payroll as a result of the company’s expansion project in the City of Columbus (Franklin Co.). Safelite Group repairs and supplies auto glass. The TCA approved a 65 percent, eight-year Job Creation Tax Credit for this project.

Westerman, Inc., Village of Bremen (Fairfield Co.) expects to create 24 full-time positions, generating $1.2 million in additional annual payroll and retaining $11 million in existing payroll as a result of the company’s expansion project in the Village of Bremen (Fairfield Co.). Westerman is a manufacturer of products for global energy, marine and industrial end markets. The TCA approved a 35 percent, six-year Job Creation Tax Credit for this project.

NORTHEAST OHIO

Cole Tool & Die Company, City of Ontario (Richland Co.) expects to create 47 full-time positions, generating $2.5 million in additional annual payroll and retaining $1.1 million in existing payroll as a result of the company’s expansion project in the City of Ontario (Richland Co.). Cole Tool & Die Company provides tooling and stamping for the automotive, appliance, aircraft, electronic, military, farm, heavy equipment and heavy truck industries. The TCA approved a 50 percent, seven-year Job Creation Tax Credit for this project.

Next Generation Films, Inc., Village of Lexington (Richland Co.) expects to create 100 full-time positions, generating $3 million in additional annual payroll and retaining $9.4 in existing payroll as a result of the company’s expansion project in the Village of Lexington (Richland Co.). Next Generation Films manufactures flexible packaging. The TCA approved a 45 percent, six-year Job Creation Tax Credit for this project.

SOUTHWEST OHIO

5Me, LLC, Union Township (Clermont Co.) expects to create 62 full-time positions, generating $4.7 million in new annual payroll as a result of the company’s start up project in Union Township (Clermont Co.).  5Me creates manufacturing software, equipment, tooling and manufacturing consulting services. The TCA approved a 50 percent, seven-year Job Creation Tax Credit for this project.

Festo Americas LLC, City of Mason (Warren Co.) expects to create 250 full-time positions, generating $10.3 million in additional annual payroll as a result of the company’s new location project in the City of Mason (Warren Co.). Festo specializes in both factory and process automation. The TCA approved a 70 percent, 12-year Job Creation Tax Credit for this project.

WESTERN OHIO

Malt Products Corporation, City of Dayton (Montgomery Co.) expects to create 30 full-time positions, generating $1.5 million in additional annual payroll and retaining $1.76 million in existing payroll as a result of the company’s retention project in the City of Dayton (Montgomery Co.). Malt Products produces natural sweeteners. The TCA approved a 45 percent, seven-year Job Creation Tax Credit for this project.

Timbertech Limited, City of Wilmington (Clinton Co.) expects to create 85 full-time positions, generating $2.7 million in additional annual payroll and retaining $13 million in existing payroll as a result of the company’s expansion project in the City of Wilmington (Clinton Co.). Timbertech researches, develops and markets decks, railings and fences. The TCA approved a 50 percent, eight-year Job Creation Tax Credit for this project.

NORTHWEST OHIO

National Machinery LLC and NM Group Global LLC, City of Tiffin (Seneca Co.) expects to create 64 full-time positions, generating $2.6 million in additional annual payroll and retaining $20 million in existing payroll as a result of the company’s expansion project in the City of Tiffin (Seneca Co.). National Machinery designs, develops and manufactures cold forming machines that produce metal parts for coiled wire, bars, slugs and preforms. The TCA approved a 45 percent, six-year Job Creation Tax Credit for this project.

Rexam Beverage Can Company, City of Fremont (Sandusky Co.) expects to create 26 full-time positions, generating $1.5 million in additional annual payroll and retaining $7.1 million in existing payroll as a result of the company’s expansion project in the City of Fremont (Sandusky Co.). Rexam Beverage Can Company is a beverage can manufacturer. The TCA approved a 40 percent, six-year Job Creation Tax Credit for this project.

SOUTHEAST OHIO

McWane, Inc., City of Coshocton (Coshocton Co.) expects to create 25 full-time positions, generating $800,000 in additional annual payroll and retaining $19.2 million in existing payroll as a result of the company’s expansion project in the City of Coshocton (Coshocton Co.). McWane manufactures iron pipe and fittings for the waterworks industry. The TCA approved a 40 percent, six-year Job Creation Tax Credit for this project.