Business  |  Tax Incentives


ROSENBOOM MACHINE & TOOL INC.
Agreement #217-05-01
Zone 217


Agreement Information

Community: BOWLING GREEN      ODOD Status: Active
County: WOOD      Agrmt Date: 4/27/2005
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 66.0000 SIC Code: 333995

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $0.00 $2,107,000.00 $2,107,000.00
Exemptions $0.00 $2,107,000.00 $2,107,000.00
 

Personal Property

M & E F & F Inventory Total
Investments $8,000,000.00 $0.00 $2,976,000.00 $10,976,000.00
Exemptions $8,000,000.00 $0.00 $2,976,000.00 $8,000,000.00
 

Incentives

Variable Rate Rate Term
Real No $100.00% 10 yrs
Personal No $100.00% 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: 108      Number Payroll
Employment in Ohio: 108      Retained 108 $3,369,600.00
     Fulltime Permanent 130 $1,749,280.00
     Fulltime Temporary 0 $0.00
     Parttime Permanent 0 $0.00
Parttime Temporary 0 $0.00
Job Creation Period: 24 months
 

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 179      Cumulative Taxes
Jobs Created: 64 Real Property Taxes Paid: $242,914.00
Jobs Retained: 112 Real Property Taxes Forgone: $96,614.00
Total FTE in Ohio: $179.00 Personal Property Taxes Paid: $78,038.00
New Payroll: $1,577,653.00 Personal Prop. Taxes Forgone: $36,128.00
Project Investment Local Corp Income Taxes Paid: $0.00
Real Property: $654,515.00 Other Tax Incentives: $0.00
Personal Property: $4,987,718.00 TIRC Date: 3/16/2016
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $27,086.00 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $13,271.00
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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