Business  |  Tax Incentives


GIVAUDAN FLAVORS CORPORATION
Agreement #013-03-07
Zone 013


Agreement Information

Community: CINCINNATI      ODOD Status: Active
County: HAMILTON      Agrmt Date: 8/22/2003
Local School District:      Amend. Date:
Nature of Business: MANUFACTURING      Expiration Date: 12/31/2015
School Comp Agreement: Yes      Revenue Sharing: No
Estimated Annual School Compensation 59.0000 SIC Code:

Real Property

Acquisition Improvements New Construction Total
Investments $4,500,000.00 $0.00 $9,850,000.00 $14,350,000.00
Exemptions $0.00 $9,850,000.00 $9,850,000.00
 

Personal Property

M & E F & F Inventory Total
Investments $0.00 $650,000.00 $0.00 $650,000.00
Exemptions $0.00 $650,000.00 $0.00 $650,000.00
 

Incentives

Variable Rate Rate Term
Real No $100.00% 10 yrs
Personal No $100.00% 5 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: 327      Number Payroll
Employment in Ohio: 651      Retained 327 $20,050,000.00
     Fulltime Permanent 29 $1,450,000.00
     Fulltime Temporary 0 $0.00
     Parttime Permanent 0 $0.00
Parttime Temporary 0 $0.00
Job Creation Period: 36 months
 

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 472      Cumulative Taxes
Jobs Created: 71 Real Property Taxes Paid: $6,250,835.00
Jobs Retained: 401 Real Property Taxes Forgone: $1,585,180.00
Total FTE in Ohio: $763.00 Personal Property Taxes Paid: $3,472,446.00
New Payroll: $5,516,202.00 Personal Prop. Taxes Forgone: $325,568.00
Project Investment Local Corp Income Taxes Paid: $0.00
Real Property: $21,660,588.00 Other Tax Incentives: $0.00
Personal Property: $9,762,285.00 TIRC Date: 6/25/2015
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $576,128.00 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $6,645.00
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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