Business  |  Tax Incentives


WAYNE-DALTON CORPORATION
Agreement #383-04-01
Zone 383


Agreement Information

Community: CONNEAUT      ODOD Status: Active
County: ASHTABULA      Agrmt Date: 1/27/2004
Local School District:      Amend. Date:
Nature of Business: MANUFACTURING      Expiration Date: 12/31/2015
School Comp Agreement: No      Revenue Sharing: No
Estimated Annual School Compensation SIC Code: 2498

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $0.00 $2,000,000.00 $2,000,000.00
Exemptions $0.00 $2,000,000.00 $2,000,000.00
 

Personal Property

M & E F & F Inventory Total
Investments $5,000,000.00 $0.00 $1,000,000.00 $6,000,000.00
Exemptions $3,800,000.00 $0.00 $0.00 $3,800,000.00
 

Incentives

Variable Rate Rate Term
Real No $100.00% 10 yrs
Personal No $29.00% 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: 61      Number Payroll
Employment in Ohio: 1091      Retained 61 $1,626,530.00
     Fulltime Permanent 37 $725,272.00
     Fulltime Temporary 0 $0.00
     Parttime Permanent 0 $0.00
Parttime Temporary 0 $0.00
Job Creation Period: 18 months
 

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 41      Cumulative Taxes
Jobs Created: 0 Real Property Taxes Paid: $0.00
Jobs Retained: 35 Real Property Taxes Forgone: $217,785.00
Total FTE in Ohio: $1,148.00 Personal Property Taxes Paid: $100,672.00
New Payroll: $0.00 Personal Prop. Taxes Forgone: $35,900.00
Project Investment Local Corp Income Taxes Paid: $0.00
Real Property: $3,671,870.00 Other Tax Incentives: $0.00
Personal Property: $6,191,201.00 TIRC Date: 3/30/2016
Previous Year Taxes TIRC Recommendation: EXPIRE
Real Property Taxes Paid: $0.00 Local Gov't. Action/Status: EXPIRE
Real Property Taxes Forgone: $19,500.00
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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