Business  |  Tax Incentives

Fort Recovery Industries, Inc.
Agreement #188-16-01
Zone 188

Agreement Information

Community: Recovery Township      ODOD Status: Active
County: Mercer      Agrmt Date: 7/26/2016
Local School District: Fort Recovery Local SD      Amend. Date:
Nature of Business:      Expiration Date: 12/31/2026
School Comp Agreement: No      Revenue Sharing: No
Estimated Annual School Compensation SIC Code:

Real Property

Acquisition Improvements New Construction Total
Investments $475,000.00
Exemptions $475,000.00

Personal Property

M & E F & F Inventory Total


Variable Rate Rate Term
Real No % yrs
Personal No % yrs


From Out of State: No State: Jobs: 0
In State: No Community: Jobs: 0
Waiver Issued by ODOD: None


Existing Employment Job and Payroll Commitments
Employment at site:      Number Payroll
Employment in Ohio:      Retained 231
     Fulltime Permanent 1 $28,500.00
     Fulltime Temporary
     Parttime Permanent
Parttime Temporary
Job Creation Period: 36 months


Agreement Status is: Active
Total full time equivalents at Site: 242      Cumulative Taxes
Jobs Created: 1 Real Property Taxes Paid: $26,672.14
Jobs Retained: 0 Real Property Taxes Forgone: $922.97
Total FTE in Ohio: $319.00 Personal Property Taxes Paid: $0.00
New Payroll: $7,385.00 Personal Prop. Taxes Forgone: $0.00
Project Investment Local Corp Income Taxes Paid:
Real Property: $630,520.00 Other Tax Incentives: $0.00
Personal Property: $0.00 TIRC Date: 2/14/2018
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $26,672.14 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $922.97
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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