Business  |  Tax Incentives


KRAFTMAID CABINETRY, INC.
Agreement #133-04-02
Zone 133


Agreement Information

Community: ORWELL      ODOD Status: Active
County: ASHTABULA      Agrmt Date: 4/29/2004
Local School District:      Amend. Date:
Nature of Business:      Expiration Date: 12/31/2015
School Comp Agreement: Yes      Revenue Sharing: No
Estimated Annual School Compensation 17763.0000 SIC Code: 2431

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $0.00 $4,244,000.00 $4,244,000.00
Exemptions $0.00 $4,344,000.00 $4,344,000.00
 

Personal Property

M & E F & F Inventory Total
Investments $10,628,200.00 $0.00 $1,167,300.00 $11,795,500.00
Exemptions $10,628,200.00 $0.00 $1,167,300.00 $10,628,200.00
 

Incentives

Variable Rate Rate Term
Real No $60.00% 10 yrs
Personal No $60.00% 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: 724      Number Payroll
Employment in Ohio: 3321      Retained 743 $22,827,599.00
     Fulltime Permanent 115 $3,608,964.00
     Fulltime Temporary
     Parttime Permanent
Parttime Temporary
Job Creation Period: 18 months
 

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 0      Cumulative Taxes
Jobs Created: 0 Real Property Taxes Paid: $0.00
Jobs Retained: 0 Real Property Taxes Forgone: $0.00
Total FTE in Ohio: $0.00 Personal Property Taxes Paid: $0.00
New Payroll: $0.00 Personal Prop. Taxes Forgone: $0.00
Project Investment Local Corp Income Taxes Paid: $0.00
Real Property: $0.00 Other Tax Incentives: $0.00
Personal Property: $0.00 TIRC Date: 3/30/2016
Previous Year Taxes TIRC Recommendation: EXPIRE
Real Property Taxes Paid: $0.00 Local Gov't. Action/Status: EXPIRE
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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