Business  |  Tax Incentives


Miba Sinter USA
Agreement #286-08-01
Zone 286


Agreement Information

Community: MORGAN (TOWNSHIP OF)      ODOD Status: Active
County: MORGAN      Agrmt Date: 6/30/2008
Local School District:      Amend. Date:
Nature of Business: Manufacturing      Expiration Date: 12/31/2023
School Comp Agreement: No      Revenue Sharing: No
Estimated Annual School Compensation SIC Code: 332117

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $0.00 $0.00 $0.00
Exemptions $0.00 $0.00 $0.00
 

Personal Property

M & E F & F Inventory Total
Investments $20,500,000.00 $100,000.00 $1,250,000.00 $21,850,000.00
Exemptions $0.00 $0.00 $0.00 $0.00
 

Incentives

Variable Rate Rate Term
Real No $60.00% 15 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: 0      Number Payroll
Employment in Ohio: 0      Retained 0 $0.00
     Fulltime Permanent 60 $2,750,000.00
     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: 176      Cumulative Taxes
Jobs Created: 176 Real Property Taxes Paid: $58,378.00
Jobs Retained: 0 Real Property Taxes Forgone: $76,790.00
Total FTE in Ohio: $176.00 Personal Property Taxes Paid: $0.00
New Payroll: $6,512,891.00 Personal Prop. Taxes Forgone: $0.00
Project Investment Local Corp Income Taxes Paid:
Real Property: $7,058,000.00 Other Tax Incentives: $0.00
Personal Property: $52,731,000.00 TIRC Date: 3/28/2016
Previous Year Taxes TIRC Recommendation: OTHER
Real Property Taxes Paid: $12,365.00 Local Gov't. Action/Status: OTHER
Real Property Taxes Forgone: $17,965.00
Personal Property Taxes Paid: $0.00 Annual Report Year: 2015
Personal Prop. Taxes Forgone: $0.00
Local Corp Income Taxes Paid:

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