Business  |  Tax Incentives


EXAL CORPORATION
Agreement #018-05-03
Zone 018


Agreement Information

Community: YOUNGSTOWN      ODOD Status: Active
County: MAHONING      Agrmt Date: 7/7/2005
Local School District:      Amend. Date:
Nature of Business: MANUFACTURING      Expiration Date: 12/31/2015
School Comp Agreement: No      Revenue Sharing: No
Estimated Annual School Compensation SIC Code: 3410

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $0.00 $0.00 $0.00
Exemptions $0.00 $0.00 $0.00
 

Personal Property

M & E F & F Inventory Total
Investments $7,000,000.00 $0.00 $1,000,000.00 $8,000,000.00
Exemptions $7,000,000.00 $0.00 $1,000,000.00 $7,000,000.00
 

Incentives

Variable Rate Rate Term
Real No $0.00% 0 yrs
Personal No $75.00% 10 yrs
 

Relocations

From Out of State: No State: Jobs: 0
In State: No Community: Jobs: 0
Waiver Issued by ODOD: None
 

Employment

Existing Employment Job and Payroll Commitments
Employment at site: 160      Number Payroll
Employment in Ohio: 160      Retained 0 $0.00
     Fulltime Permanent 16 $576,000.00
     Fulltime Temporary 0 $0.00
     Parttime Permanent 0 $0.00
Parttime Temporary 0 $0.00
Job Creation Period: 36 months
 

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 401      Cumulative Taxes
Jobs Created: 26 Real Property Taxes Paid: $0.00
Jobs Retained: 0 Real Property Taxes Forgone: $0.00
Total FTE in Ohio: $401.00 Personal Property Taxes Paid: $216,682.00
New Payroll: $2,120,569.00 Personal Prop. Taxes Forgone: $523,075.00
Project Investment Local Corp Income Taxes Paid: $0.00
Real Property: $0.00 Other Tax Incentives: $0.00
Personal Property: $13,230,158.00 TIRC Date: 8/21/2015
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $0.00 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $0.00
Personal Property Taxes Paid: $0.00 Annual Report Year: 2015
Personal Prop. Taxes Forgone: $0.00
Local Corp Income Taxes Paid: $0.00

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