Business  |  Tax Incentives


Plymouth Foam, Inc. & D 2 Real Estate LLC fna PLYMOUTH FOAM, INC. & TUSCARAWAS COUNTY PORT AUTHORITY
Agreement #328-06-01
Zone 328


Agreement Information

Community: GNADENHUTTEN      ODOD Status: Active
County: TUSCARAWAS      Agrmt Date: 10/2/2006
Local School District:      Amend. Date:
Nature of Business:      Expiration Date: 12/31/2018
School Comp Agreement: No      Revenue Sharing: No
Estimated Annual School Compensation SIC Code: 3086

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $1,643,700.00 $0.00 $1,643,700.00
Exemptions $1,643,700.00 $0.00 $1,643,700.00
 

Personal Property

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

Incentives

Variable Rate Rate Term
Real No $75.00% 10 yrs
Personal No $75.00% 10 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: 0      Number Payroll
Employment in Ohio: 66      Retained 16 $393,000.00
     Fulltime Permanent 4 $116,000.00
     Fulltime Temporary 0 $0.00
     Parttime Permanent 0 $0.00
Parttime Temporary 0 $0.00
Job Creation Period: months
 

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 30      Cumulative Taxes
Jobs Created: 8 Real Property Taxes Paid: $69,599.06
Jobs Retained: 16 Real Property Taxes Forgone: $0.00
Total FTE in Ohio: $30.00 Personal Property Taxes Paid: $0.00
New Payroll: $114,874.36 Personal Prop. Taxes Forgone: $0.00
Project Investment Local Corp Income Taxes Paid: $0.00
Real Property: $7,299,199.00 Other Tax Incentives: $0.00
Personal Property: $1,542,439.74 TIRC Date: 2/18/2016
Previous Year Taxes TIRC Recommendation: MODIFY
Real Property Taxes Paid: $11,332.72 Local Gov't. Action/Status: MODIFY
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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