Business  |  Tax Incentives


Screen Machines Industries, LLC formerly OHIO CENTRAL STEEL COMPANY, DBA SCREEN MACH.
Agreement #091-05-05
Zone 091


Agreement Information

Community: ETNA (TOWNSHIP OF)      ODOD Status: Active
County: LICKING      Agrmt Date: 12/23/2005
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: 3532

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $0.00 $3,500,000.00 $3,500,000.00
Exemptions $0.00 $3,500,000.00 $3,500,000.00
 

Personal Property

M & E F & F Inventory Total
Investments $1,000,000.00 $50,000.00 $2,000,000.00 $3,050,000.00
Exemptions $1,000,000.00 $50,000.00 $2,000,000.00 $1,050,000.00
 

Incentives

Variable Rate Rate Term
Real No $100.00% 10 yrs
Personal No $100.00% 10 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: 30      Number Payroll
Employment in Ohio: 42      Retained 30 $625,000.00
     Fulltime Permanent 25 $625,000.00
     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: 73      Cumulative Taxes
Jobs Created: 43 Real Property Taxes Paid: $122,580.00
Jobs Retained: 30 Real Property Taxes Forgone: $224,051.00
Total FTE in Ohio: $73.00 Personal Property Taxes Paid: $0.00
New Payroll: $3,417,364.00 Personal Prop. Taxes Forgone: $0.00
Project Investment Local Corp Income Taxes Paid: $0.00
Real Property: $29,637.00 Other Tax Incentives: $0.00
Personal Property: $0.00 TIRC Date: 3/24/2016
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $24,034.00 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $51,633.00
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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