Business  |  Tax Incentives


J.A. McMahon, Inc.
Agreement #111-08-01
Zone 111

Agreement Information
Community: NILES      ODOD Status: Active
County: TRUMBULL      Agrmt Date: 8/6/2008
Local School District:      Amend. Date:
Nature of Business: Industrial - Manufacturing      Expiration Date: 12/31/2018
School Comp Agreement: No      Revenue Sharing: No
Estimated Annual School Compensation SIC Code:

Real Property
Acquisition Improvements New Construction Total
Investments $0.00 $0.00 $1,000,000.00 $1,000,000.00
Exemptions
 

Personal Property
M & E F & F Inventory Total
Investments $600,000.00 $0.00 $0.00 $600,000.00
Exemptions
 

Incentives
Variable Rate Rate Term
Real No $0.00% yrs
Personal No $0.00% 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: 23      Number Payroll
Employment in Ohio: 23      Retained 23 $1,250,000.00
     Fulltime Permanent 6 $245,000.00
     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: 23      Cumulative Taxes
Jobs Created: 2 Real Property Taxes Paid: $99,706.09
Jobs Retained: 23 Real Property Taxes Forgone: $39,941.49
Total FTE in Ohio: $23.00 Personal Property Taxes Paid: $0.00
New Payroll: $49,400.00 Personal Prop. Taxes Forgone: $0.00
Project Investment Local Corp Income Taxes Paid:
Real Property: $1,035,000.00 Other Tax Incentives: $0.00
Personal Property: $600,000.00 TIRC Date: 8/22/2017
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $23,751.61 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $8,093.84
Personal Property Taxes Paid: $0.00 Annual Report Year: 2017
Personal Prop. Taxes Forgone: $0.00
Local Corp Income Taxes Paid:

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