Business  |  Tax Incentives


SBF Holdings, LLC dba Venture Products, Inc.
Agreement #386-12-01
Zone 386


Agreement Information

Community: ORRVILLE      ODOD Status: Active
County: WAYNE      Agrmt Date: 5/8/2012
Local School District:      Amend. Date:
Nature of Business: manufacturing      Expiration Date: 12/31/2028
School Comp Agreement: No      Revenue Sharing: No
Estimated Annual School Compensation SIC Code: 331100

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $0.00 $2,500,000.00 $2,500,000.00
Exemptions $0.00 $1,250,000.00 $1,250,000.00
 

Personal Property

M & E F & F Inventory Total
Investments $900,000.00 $50,000.00 $0.00 $950,000.00
Exemptions $0.00 $0.00 $0.00 $0.00
 

Incentives

Variable Rate Rate Term
Real No $50.00% 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: 80      Number Payroll
Employment in Ohio: 80      Retained 80 $0.00
     Fulltime Permanent 33 $1,026,600.00
     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: 133      Cumulative Taxes
Jobs Created: 33 Real Property Taxes Paid: $93,999.23
Jobs Retained: 78 Real Property Taxes Forgone: $75,406.00
Total FTE in Ohio: $153.00 Personal Property Taxes Paid: $0.00
New Payroll: $838,104.03 Personal Prop. Taxes Forgone: $0.00
Project Investment Local Corp Income Taxes Paid:
Real Property: $5,406,391.34 Other Tax Incentives: $0.00
Personal Property: $2,126,311.56 TIRC Date: 11/12/2015
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $53,681.38 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $45,757.00
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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