Business  |  Tax Incentives


CONERY MANUFACTURING, INC.
Agreement #207-03-01
Zone 207


Agreement Information

Community: MONTGOMERY TOWNSHIP      ODOD Status: Active
County: ASHLAND      Agrmt Date: 2/10/2003
Local School District:      Amend. Date:
Nature of Business: MANUFACTURING AND DISTRIBUTION      Expiration Date: 1/1/2014
School Comp Agreement: Yes      Revenue Sharing: No
Estimated Annual School Compensation 3681.0000 SIC Code:

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $0.00 $600,000.00 $600,000.00
Exemptions $0.00 $600,000.00 $600,000.00
 

Personal Property

M & E F & F Inventory Total
Investments $30,000.00 $10,000.00 $75,000.00 $115,000.00
Exemptions $30,000.00 $10,000.00 $75,000.00 $40,000.00
 

Incentives

Variable Rate Rate Term
Real No $100.00% 10 yrs
Personal No $100.00% 10 yrs
 

Relocations

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

Employment

Existing Employment Job and Payroll Commitments
Employment at site: 8      Number Payroll
Employment in Ohio: 8      Retained 8 $280,000.00
     Fulltime Permanent 4 $72,000.00
     Fulltime Temporary 0 $0.00
     Parttime Permanent 3 $28,500.00
Parttime Temporary 0 $0.00
Job Creation Period: 36 months
 

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 19      Cumulative Taxes
Jobs Created: 7 Real Property Taxes Paid: $41,048.00
Jobs Retained: 5 Real Property Taxes Forgone: $152,268.00
Total FTE in Ohio: $19.00 Personal Property Taxes Paid: $9,598.00
New Payroll: $210,000.00 Personal Prop. Taxes Forgone: $2,490.00
Project Investment Local Corp Income Taxes Paid: $0.00
Real Property: $650,000.00 Other Tax Incentives: $0.00
Personal Property: $144,000.00 TIRC Date: 8/4/2014
Previous Year Taxes TIRC Recommendation: EXPIRE
Real Property Taxes Paid: $3,922.00 Local Gov't. Action/Status: EXPIRE
Real Property Taxes Forgone: $16,292.00
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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