Home Headline Feature Investments in P&G, Lima Pallet Co. creating more than 70 full-time jobs...

Investments in P&G, Lima Pallet Co. creating more than 70 full-time jobs in Allen County

Statewide investments to create $32M in new payroll

Staff Reports
news@the419.com

COLUMBUS – Today Gov. John R. Kasich announced the approval of assistance for nine projects set to create 655 new jobs and retain 1,108 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 $32.2 million in new payroll, and spur more than $130 million in investment across Ohio.

Projects approved by the TCA include:

Northwest

  • Dana Light Axle Manufacturing, LLC, City of Toledo (Lucas Co.) expects to create 300 full-time positions, generating $11.5 million in new annual payroll as a result of the company’s new location project in the City of Toledo (Lucas Co.). Dana is a global provider of technology, driveline, sealing and thermal-management products for vehicle manufacturers. The TCA approved a 1.582 percent, seven-year Job Creation Tax Credit for this project.
  • The Procter & Gamble Manufacturing Company, Bath Township (Allen Co.) expects to create 51 full-time positions, generating $2.5 million in new annual payroll and retaining $42.6 million in existing payroll as a result of the company’s expansion project in Bath Township (Allen Co.). The Procter & Gamble Manufacturing Company is a consumer goods company. The TCA approved a 0.867 percent, six-year Job Creation Tax Credit for this project.
  • The Lima Pallet Company, Inc., Bath Township (Allen Co.) expects to create 20 full-time positions, generating $665,000 in new annual payroll and retaining $1.7 million in existing payroll as a result of the company’s expansion project in Bath Township (Allen Co.). Lima Pallet manufactures wooden pallets and shipping crates. The TCA approved a 0.815 percent, five-year Job Creation Tax Credit for this project.

Northeast

  • Magna Seating of America, Inc., Village of Sheffield (Lorain Co.) expects to create 30 full-time positions, generating $1.3 million in new annual payroll and retaining $2.6 million in existing payroll as a result of the company’s expansion project in the Village of Sheffield (Lorain Co.). Magna Seating develops and manufactures seating systems. The TCA approved a 1.200 percent, six-year Job Creation Tax Credit for this project.
  • RHBA Acquisitions, LLC, Village of Shreve (Wayne Co.) expects to create 30 full-time positions, generating $748,800 in new annual payroll and retaining $1.9 million in existing payroll as a result of the company’s expansion project in the Village of Shreve (Wayne Co.). RHBA manufactures fittings used primarily in the firefighting industry. The TCA approved a 0.685 percent, five-year Job Creation Tax Credit for this project.

Southwest

  • Phillips Edison & Company Ltd., Sycamore Township (Hamilton Co.) expects to create 65 full-time positions, generating $5.5 million in new annual payroll and retaining $21.9 million in existing payroll as a result of the company’s expansion project in Sycamore Township (Hamilton Co.). Phillips Edison & Company is a real estate investor, property manager and rental company specializing in grocery-anchored shopping centers. The TCA approved a 1.616 percent, seven-year Job Creation Tax Credit for this project.

West

  • Sensor Technology Systems, Inc., Miami Township (Montgomery Co.) expects to create 99 full-time positions, generating $4.3 million in new annual payroll and retaining $1.4 million in existing payroll as a result of the company’s consolidation project in Miami Township (Montgomery Co.). Sensor Technology Systems designs and manufactures electro-optic products that provide special operations, homeland security, law enforcement and other specialized users with improved situational awareness in both night and day operations. The TCA approved a 1.387 percent, seven-year Job Creation Tax Credit for this project.

Central

  • The Sophic Group, Inc., City of Columbus (Franklin Co.) expects to create 30 full-time positions, generating $2.7 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 Columbus (Franklin Co.). The Sophic Group is doing business as Improving Enterprises, LLC and is an IT services firm that offers training, consulting, recruiting and project services. The TCA approved a 1.531 percent, six-year Job Creation Tax Credit for this project.

TBD location

  • Blue Chip Consulting Group, LLC (Location TBD) is expected to create 30 full-time positions, generating $3 million in new annual payroll and retaining $11.4 million in existing payroll as a result of the company’s expansion project at a to-be-determined location. Blue Chip is a Microsoft technology consulting firm. The TCA approved a 1.511 percent, six-year Job Creation Tax Credit for this project.