Business  |  Tax Incentives


VENTURE PACKING MIDWEST, INC.
Agreement #149-04-02
Zone 149


Agreement Information

Community: MONROEVILLE      ODOD Status: Active
County: HURON      Agrmt Date: 8/26/2004
Local School District:      Amend. Date:
Nature of Business: MANUFACTURING      Expiration Date: 12/31/2014
School Comp Agreement: Yes      Revenue Sharing: No
Estimated Annual School Compensation 30.0000 SIC Code: 326199

Real Property

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

Personal Property

M & E F & F Inventory Total
Investments $0.00 $0.00 $0.00 $0.00
Exemptions $0.00 $0.00 $0.00 $0.00
 

Incentives

Variable Rate Rate Term
Real No $100.00% 10 yrs
Personal No $0.00% 0 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: 350      Number Payroll
Employment in Ohio: 550      Retained 2 $50,000.00
     Fulltime Permanent
     Fulltime Temporary
     Parttime Permanent
Parttime Temporary
Job Creation Period: 0 months
 

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 338      Cumulative Taxes
Jobs Created: 20 Real Property Taxes Paid: $466,153.11
Jobs Retained: 20 Real Property Taxes Forgone: $495,055.37
Total FTE in Ohio: $466.00 Personal Property Taxes Paid: $594,506.00
New Payroll: $229,000.00 Personal Prop. Taxes Forgone: $50,504.00
Project Investment Local Corp Income Taxes Paid: $0.00
Real Property: $4,579,692.00 Other Tax Incentives: $0.00
Personal Property: $0.00 TIRC Date: 3/23/2015
Previous Year Taxes TIRC Recommendation: EXPIRE
Real Property Taxes Paid: $42,040.45 Local Gov't. Action/Status: EXPIRE
Real Property Taxes Forgone: $55,173.43
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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