Business  |  Tax Incentives


Barbasol, LLC & Barbasol Land, LLC
Agreement #037-09-01
Zone 037


Agreement Information

Community: ASHLAND      ODOD Status: Active
County: ASHLAND      Agrmt Date: 6/25/2009
Local School District:      Amend. Date:
Nature of Business: Manufacturing      Expiration Date: 12/31/2025
School Comp Agreement: No      Revenue Sharing: No
Estimated Annual School Compensation SIC Code: 424210

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $0.00 $4,000,000.00 $4,000,000.00
Exemptions $0.00 $3,000,000.00 $3,000,000.00
 

Personal Property

M & E F & F Inventory Total
Investments $3,250,000.00 $0.00 $0.00 $3,250,000.00
Exemptions $0.00 $0.00 $0.00 $0.00
 

Incentives

Variable Rate Rate Term
Real Yes $75.00% 15 yrs
Personal Yes $0.00% 0 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: 0      Retained 0 $0.00
     Fulltime Permanent 25 $780,000.00
     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: 74      Cumulative Taxes
Jobs Created: 37 Real Property Taxes Paid: $82,657.24
Jobs Retained: 0 Real Property Taxes Forgone: $347,788.29
Total FTE in Ohio: $74.00 Personal Property Taxes Paid: $0.00
New Payroll: $1,726,806.51 Personal Prop. Taxes Forgone: $0.00
Project Investment Local Corp Income Taxes Paid:
Real Property: $4,976,290.88 Other Tax Incentives: $0.00
Personal Property: $3,122,133.14 TIRC Date: 10/13/2017
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $15,201.72 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $39,799.95
Personal Property Taxes Paid: $0.00 Annual Report Year: 2017
Personal Prop. Taxes Forgone: $0.00
Local Corp Income Taxes Paid:

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