Business  |  Tax Incentives


MARION INDUSTRIES, INC.
Agreement #028-07-01
Zone 028


Agreement Information

Community: MARION      ODOD Status: Active
County: MARION      Agrmt Date: 3/1/2007
Local School District:      Amend. Date:
Nature of Business: MANUFACTURING      Expiration Date: 12/31/2017
School Comp Agreement: No      Revenue Sharing: No
Estimated Annual School Compensation SIC Code: 3714

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $0.00 $4,200,000.00 $4,200,000.00
Exemptions $0.00 $4,200,000.00 $4,200,000.00
 

Personal Property

M & E F & F Inventory Total
Investments $3,800,000.00 $0.00 $0.00 $3,800,000.00
Exemptions $0.00 $0.00 $0.00 $0.00
 

Incentives

Variable Rate Rate Term
Real No $50.00% 10 yrs
Personal No $0.00% 0 yrs
 

Relocations

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

Employment

Existing Employment Job and Payroll Commitments
Employment at site: 203      Number Payroll
Employment in Ohio: 203      Retained 0 $0.00
     Fulltime Permanent 22 $705,400.00
     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: 223      Cumulative Taxes
Jobs Created: 20 Real Property Taxes Paid: $132,704.00
Jobs Retained: 0 Real Property Taxes Forgone: $132,704.00
Total FTE in Ohio: $223.00 Personal Property Taxes Paid: $0.00
New Payroll: $876,745.00 Personal Prop. Taxes Forgone: $0.00
Project Investment Local Corp Income Taxes Paid: $0.00
Real Property: $3,941,266.00 Other Tax Incentives: $0.00
Personal Property: $3,711,556.00 TIRC Date: 8/24/2015
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $44,789.00 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $44,789.00
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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