Business  |  Tax Incentives


CELINA ALUMINUM PRECISION TECHNOLOGY OF CELINA, OHIO
Agreement #048-06-01
Zone 048


Agreement Information

Community: JEFFERSON (TOWNSHIP OF)      ODOD Status: Active
County: MERCER      Agrmt Date: 2/28/2006
Local School District:      Amend. Date:
Nature of Business: MANUFACTURING      Expiration Date: 12/31/2018
School Comp Agreement: No      Revenue Sharing: No
Estimated Annual School Compensation SIC Code: 3365

Real Property

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

Personal Property

M & E F & F Inventory Total
Investments $7,200,000.00 $0.00 $50,000.00 $7,250,000.00
Exemptions $7,200,000.00 $0.00 $50,000.00 $7,200,000.00
 

Incentives

Variable Rate Rate Term
Real No $60.00% 10 yrs
Personal No $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: 442      Number Payroll
Employment in Ohio: 442      Retained 0 $0.00
     Fulltime Permanent 21 $697,137.00
     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: 549      Cumulative Taxes
Jobs Created: 120 Real Property Taxes Paid: $0.00
Jobs Retained: 0 Real Property Taxes Forgone: $455,527.15
Total FTE in Ohio: $549.00 Personal Property Taxes Paid: $0.00
New Payroll: $6,889,425.00 Personal Prop. Taxes Forgone: $274,156.00
Project Investment Local Corp Income Taxes Paid: $0.00
Real Property: $4,207,841.00 Other Tax Incentives: $0.00
Personal Property: $29,582,375.00 TIRC Date: 3/16/2016
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $0.00 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $47,434.07
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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