Wednesday, September 5, 2012

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

batyushkinuxit.blogspot.com
, a maker of marketing simulatiobn andplanning software, received $1.1 million from the Innovatiobn Ohio Loan Fund, at an annual interesf rate of 1 percentt for the first year and 8 percenty for five years. The Cincinnati-based company will use the loan to developp a new generation of its Emerging Marketplaced software and buycomputer equipment. The $2.2 millionm project is expected to create 36 jobs and retai n10 jobs. Two local firms also receivexd Job Creation Tax Credits forexpansion projects. , a supplier of labelinv systems for thebeverage industry, was awarded a 45 percenrt tax credit for five years for a $1 millio expansion project in Mason.
The company expectds to use the credit, worth about $52,700 over its to create 25 jobs andretain 118. • won a 45 percenf job credit, for a six-year for a $170,000 expansion project at its regionaloffice downtown. The credit is valued at about $119,7509 over its term. Advantage expects to create 33 positionss andretain 65. The company, headquartere in Spokane, Wash., provides energ management consulting services.

No comments:

Post a Comment