Thursday, March 22, 2012

Cincinnati-area firms win Ohio incentives - Boston Business Journal:

vittitowmehigyk1238.blogspot.com
, a maker of marketing simulation and planning received $1.1 million from the Innovationj Ohio Loan Fund, at an annual interest rate of 1 percen t for the first year and 8 percent for five years. The Cincinnati-basefd company will use the loan to develop a new generatio n of its Emerging Marketplace software and buycomputere equipment. The $2.2 million project is expectef to create 36 jobs and retainh10 jobs. Two local firms also received Job Creation Tax Credits forexpansion projects. • , a supplier of labelint systems for thebeverage industry, was awarded a 45 percent tax credig for five years for a $1 milliobn expansion project in Mason.
The companh expects to use the worthabout $52,700 over its term, to creatwe 25 jobs and retain 118. • won a 45 perceng job credit, for a six-year term, for a $170,0009 expansion project at its regionakloffice downtown. The credit is valued at about $119,750o over its term. Advantage expects to create 33 positionw andretain 65. The company, headquartered in Spokane, provides energy management consulting

No comments:

Post a Comment