Business  |  Tax Incentives


PRECISION THERMOPLASTIC COMPONENTS and ARLA Investment, Ltd.
Agreement #233-05-01
Zone 233


Agreement Information

Community: PERRY (TOWNSHIP OF)      ODOD Status: Active
County: ALLEN      Agrmt Date: 4/26/2005
Local School District:      Amend. Date:
Nature of Business: MANUFACTURING      Expiration Date: 12/31/2016
School Comp Agreement: No      Revenue Sharing: No
Estimated Annual School Compensation SIC Code: 326100

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $0.00 $1,390,000.00 $1,390,000.00
Exemptions $0.00 $1,390,000.00 $1,390,000.00
 

Personal Property

M & E F & F Inventory Total
Investments $500,000.00 $0.00 $500,000.00 $1,000,000.00
Exemptions $500,000.00 $0.00 $500,000.00 $500,000.00
 

Incentives

Variable Rate Rate Term
Real No $2.00% 10 yrs
Personal No $2.00% 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: 77      Number Payroll
Employment in Ohio: 117      Retained 0 $0.00
     Fulltime Permanent 60 $1,250,000.00
     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: 91      Cumulative Taxes
Jobs Created: 7 Real Property Taxes Paid: $408,366.00
Jobs Retained: 0 Real Property Taxes Forgone: $142,926.06
Total FTE in Ohio: $91.00 Personal Property Taxes Paid: $0.00
New Payroll: $135,000.00 Personal Prop. Taxes Forgone: $0.00
Project Investment Local Corp Income Taxes Paid: $0.00
Real Property: $1,184,492.00 Other Tax Incentives: $0.00
Personal Property: $1,157,744.00 TIRC Date: 3/15/2016
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $48,284.36 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $13,095.26
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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