State panel OKs incentives for two Northeast Ohio expansions
State panel OKs incentives for two Northeast Ohio expansions
CoStar
The Ohio Tax Credit Authority has approved job tax credits for MAI Capital s move to Independence. The downtown Cleveland company said it was also considering moving to three other states for its new headquarters.
The Ohio Tax Credit Authority at its meeting Monday morning, April 26 approved requests for state income tax credits for two job-creating and job-retaining projects in Northeast Ohio.
Superior Roll Forming LLC, which already has a Valley City operation, plans to create 150 full-time jobs and generate $7.5 million additional annual payroll in an expansion at Liverpool Industrial Park, also in Valley City. The authority approved a 1.49% Job Creation Tax Credit for the project that will last eight years, according to an emailed release from the Ohio Development Services Agency.