Business  |  Tax Incentives


HONDA TRANSMISSION MANUFACTURING OF AMERICA, INC.
Agreement #307-04-01
Zone 307


Agreement Information

Community: WASHINGTON (TOWNSHIP OF)      ODOD Status: Active
County: LOGAN      Agrmt Date: 12/16/2004
Local School District:      Amend. Date:
Nature of Business: MANUFACTURING      Expiration Date: 12/31/2017
School Comp Agreement: Yes      Revenue Sharing: No
Estimated Annual School Compensation 40.0000 SIC Code: 3714

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $24,000,000.00 $0.00 $24,000,000.00
Exemptions $24,000,000.00 $0.00 $24,000,000.00
 

Personal Property

M & E F & F Inventory Total
Investments $75,000,000.00 $100,000.00 $0.00 $75,100,000.00
Exemptions $75,000,000.00 $100,000.00 $0.00 $75,100,000.00
 

Incentives

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

Relocations

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

Employment

Existing Employment Job and Payroll Commitments
Employment at site: 1006      Number Payroll
Employment in Ohio: 1006      Retained 0 $0.00
     Fulltime Permanent 92 $4,454,129.00
     Fulltime Temporary 23 $989,956.00
     Parttime Permanent 0
Parttime Temporary 0
Job Creation Period: 0 months
 

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 1123      Cumulative Taxes
Jobs Created: 315 Real Property Taxes Paid: $161,407.00
Jobs Retained: 0 Real Property Taxes Forgone: $1,599,209.00
Total FTE in Ohio: $1,123.00 Personal Property Taxes Paid: $0.00
New Payroll: $25,037,914.00 Personal Prop. Taxes Forgone: $0.00
Project Investment Local Corp Income Taxes Paid: $0.00
Real Property: $55,229,049.00 Other Tax Incentives: $0.00
Personal Property: $89,397,550.00 TIRC Date: 3/22/2016
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $4,659.00 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $74,976.00
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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