Business  |  Tax Incentives


Lincoln Manufacturing of Ohio, Inc. & Ground Zero Enterprises
Agreement #189-11-01
Zone 189


Agreement Information

Community: STRASBURG      ODOD Status: Active
County: TUSCARAWAS      Agrmt Date: 3/23/2011
Local School District:      Amend. Date:
Nature of Business: manufacturing      Expiration Date: 12/31/2022
School Comp Agreement: No      Revenue Sharing: No
Estimated Annual School Compensation SIC Code: 331200

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $0.00 $650,000.00 $650,000.00
Exemptions $0.00 $487,500.00 $487,500.00
 

Personal Property

M & E F & F Inventory Total
Investments $0.00 $0.00 $0.00 $0.00
Exemptions $0.00 $0.00 $0.00 $0.00
 

Incentives

Variable Rate Rate Term
Real No $75.00% 10 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: 56      Number Payroll
Employment in Ohio: 56      Retained 56 $0.00
     Fulltime Permanent 15 $450,000.00
     Fulltime Temporary 0 $0.00
     Parttime Permanent 0 $0.00
Parttime Temporary 0 $0.00
Job Creation Period: 12 months
 

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 26      Cumulative Taxes
Jobs Created: 26 Real Property Taxes Paid: $23,523.01
Jobs Retained: 0 Real Property Taxes Forgone: $73,032.26
Total FTE in Ohio: $73.00 Personal Property Taxes Paid: $0.00
New Payroll: $1,001,052.87 Personal Prop. Taxes Forgone: $0.00
Project Investment Local Corp Income Taxes Paid:
Real Property: $1,473,623.00 Other Tax Incentives: $0.00
Personal Property: $4,327,914.33 TIRC Date: 2/7/2018
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $4,491.45 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $13,474.87
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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