Business  |  Tax Incentives


HDI Landing Gear USA, Inc.
Agreement #046-14-01
Zone 046


Agreement Information

Community: SPRINGFIELD      ODOD Status: Active
County: CLARK      Agrmt Date: 2/4/2014
Local School District:      Amend. Date:
Nature of Business: manufacturing      Expiration Date: 12/31/2023
School Comp Agreement: Yes      Revenue Sharing: No
Estimated Annual School Compensation 50.0000 SIC Code: 336410

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $0.00 $2,100,000.00 $2,100,000.00
Exemptions $0.00 $1,260,000.00 $1,260,000.00
 

Personal Property

M & E F & F Inventory Total
Investments $19,420,000.00 $3,000,000.00 $0.00 $22,420,000.00
Exemptions $0.00 $0.00 $0.00 $0.00
 

Incentives

Variable Rate Rate Term
Real No $60.00% 8 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: 92      Number Payroll
Employment in Ohio: 92      Retained 92 $5,668,000.00
     Fulltime Permanent 50 $2,200,000.00
     Fulltime Temporary 0 $0.00
     Parttime Permanent 0 $0.00
Parttime Temporary 0 $0.00
Job Creation Period: 48 months
 

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 95      Cumulative Taxes
Jobs Created: 3 Real Property Taxes Paid: $135,674.00
Jobs Retained: 92 Real Property Taxes Forgone: $0.00
Total FTE in Ohio: $190.00 Personal Property Taxes Paid: $0.00
New Payroll: $102,075.00 Personal Prop. Taxes Forgone: $0.00
Project Investment Local Corp Income Taxes Paid:
Real Property: $18,176,000.00 Other Tax Incentives: $0.00
Personal Property: $0.00 TIRC Date: 6/8/2015
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $68,603.00 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:

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