New Projects Expected to Create More Than $252 Million in Investments



(COLUMBUS, Ohio)—Ohio Governor Mike DeWine and Lt. Governor Jon Husted today announced the approval of assistance for 17 projects set to create 1,943 new jobs and retain 2,247 jobs statewide. During its monthly meeting, the Ohio Tax Credit Authority (TCA) reviewed economic development proposals brought to the board by JobsOhio and its regional partners. Collectively, the projects are expected to result in more than $107 million in new payroll and spur more than $252 million in investments across Ohio.

Projects approved by the TCA include:

CENTRAL
Anomatic Corporation, City of New Albany (Licking Co.), expects to create 80 full-time positions, generating $2.4 million in new annual payroll and retaining $33.8 million in existing payroll as a result of the company’s expansion project in New Albany. Anomatic manufactures anodized metal components for the beauty, medical, pharma, automotive, and consumer goods industries. The TCA approved a 1.005 percent, six-year Job Creation Tax Credit for this project.

Cerelia Bakery USA Inc. (Cerelia), City of Whitehall (Franklin Co.), expects to create 40 full-time positions, generating $2 million in new annual payroll and retaining $5.5 million in existing payroll as a result of the company’s expansion project in Whitehall. Cerelia makes chilled dough products. The TCA approved a 1.225 percent, six-year Job Creation Tax Credit for this project.

Comprehensive Pharmacy Services LLC (CPS), City of Dublin (Franklin Co.), expects to create 40 full-time positions, generating $4.8 million in new annual payroll and retaining $2.4 million in existing payroll as a result of the company’s new project in Dublin. CPS provides pharmacy services to hospitals and health care facilities. The TCA approved a 2.005 percent, eight-year Job Creation Tax Credit for this project.

Engage Holdings LLC (iQventures), City of Columbus (Franklin Co.), expects to create 45 full-time positions, generating $3 million in new annual payroll and retaining $2.9 million in existing payroll as a result of the company’s expansion project in Columbus. iQventures provides cloud-based software platforms for a variety of industry sectors, including financial services. The TCA approved a 1.479 percent, seven-year Job Creation Tax Credit for this project.

Sarepta Therapeutics Inc. (Sarepta), City of Columbus (Franklin Co.), expects to create 100 full-time positions, generating $12.3 million in new annual payroll and retaining $4.5 million in existing payroll as a result of the company’s new project in Columbus. Sarepta is a biopharmaceutical company that develops precision genetic medicines to treat rare neuromuscular diseases. The TCA approved a 2.338 percent, nine-year Job Creation Tax Credit for this project.

NORTHEAST
Bulten North America LLC (Bulten), City of Streetsboro (Portage Co.), expects to create 35 full-time positions, generating $2.7 million in new annual payroll and retaining $1.5 million in existing payroll as a result of the company’s new project in Streetsboro. Bulten supplies externally threaded fasteners to the automotive industry. The TCA approved a 1.816 percent, seven-year Job Creation Tax Credit for this project.

RMI Titanium Company, City of Canton (Stark Co.), expects to create 108 full-time positions, generating $5.1 million in new annual payroll and retaining $6.9 million in existing payroll as a result of the company’s expansion project in Canton. RMI Titanium Company manufactures and distributes titanium and specialty metal mill products, extruded shapes, and engineered systems for the aerospace, industrial, and consumer industries. The TCA approved a 1.374 percent, eight-year Job Creation Tax Credit for this project.

The Rovisys Company (Rovisys), City of Aurora (Portage Co.), expects to create 88 full-time positions, generating $6.2 million in new annual payroll and retaining $52.9 million in existing payroll as a result of the company’s expansion project in Aurora. Rovisys provides process automation solutions and services for manufacturers. The TCA approved a 1.520 percent, eight-year Job Creation Tax Credit for this project.

TrustedSec LLC, City of Fairlawn (Summit Co.), expects to create 13 full-time positions, generating $1.6 million in new annual payroll and retaining $3.8 million in existing payroll as a result of the company’s expansion project in Fairlawn. TrustedSec develops staff scheduling software focused on employee scheduling for the long-term care and senior living industries. The TCA approved a 1.837 percent, six-year Job Creation Tax Credit for this project.

NORTHWEST
HP Pelzer Automotive Systems Inc. (Adler Pelzer), City of Oregon (Lucas Co.), expects to create 79 full-time positions, generating $3.5 million in new annual payroll as a result of the company’s new project in Oregon. Adler Pelzer manufactures acoustics and thermal components and systems for the automotive sector. The TCA approved a 1.293 percent, seven-year Job Creation Tax Credit for this project.

SOUTHEAST
Dolgencorp LLC (Dollar General), Zanesville Township (Muskingum Co.), expects to create 55 full-time positions, generating $1.8 million in new annual payroll and retaining $29.5 million in existing payroll as a result of the company’s new project in Zanesville Township. Dollar General is a small-box discount retailer providing a variety of goods, including grocery products. The TCA approved a 1.098 percent, six-year Job Creation Tax Credit for this project.

SOUTHWEST
Carvana LLC, City of Trenton (Butler Co.), expects to create 400 full-time positions, generating $13.3 million in new annual payroll as a result of the company’s new project in Trenton. Carvana is an online platform that enables users to trade, finance, buy, and sell used cars. The TCA approved a 1.368 percent, eight-year Job Creation Tax Credit for this project.

Helium SEO LLC (Helium), City of Blue Ash (Hamilton Co.), expects to create 120 full-time positions, generating $6.6 million in new annual payroll and retaining $1.7 million in existing payroll as a result of the company’s expansion project in Blue Ash. Helium provides internet marketing services. The TCA approved a 1.520 percent, six-year Job Creation Tax Credit for this project.

Origin Venture LLC, City of Hamilton (Butler Co.), expects to create 64 full-time positions, generating $4.7 million in new annual payroll as a result of the company’s new project in Hamilton. Origin Venture is a paper company providing recycling, papermaking, and corrugated packaging manufacturing. The TCA approved a 1.618 percent, eight-year Job Creation Tax Credit for this project.

TBD
J & B Medical Supply Co. Inc. (J & B Medical), TBD, expects to create 211 full-time positions, generating $6.8 million in new annual payroll as a result of the company’s new project in a to-be-determined location. J & B Medical distributes surgical and other medical instruments, apparatus, and equipment, including dentist equipment, artificial limbs, operating room and hospital equipment, and X-ray machines. The TCA approved a 1.184 percent, seven-year Job Creation Tax Credit for this project.

MongoDB Inc., TBD, expects to create 284 full-time positions, generating $18.8 million in new annual payroll as a result of the company’s new project in a to-be-determined location. MongoDB develops and provides commercial support for its open-source database software. The TCA approved a 1.957 percent, 10-year Job Creation Tax Credit for this project.

Remesh Inc., TBD, expects to create 181 full-time positions, generating $11.6 million in new annual payroll and retaining $375,000 in existing payroll as a result of the company’s new project in a to-be-determined location. Remesh is an artificial intelligence-driven research platform that allows users to engage with customers in real-time via an intuitive chat interface. The TCA approved a 1.826 percent, nine-year Job Creation Tax Credit for this project.

Leave a Reply

Your email address will not be published. Required fields are marked *