Saturday, May 5, 2012

Cincinnati-area firms win Ohio incentives - Minneapolis / St. Paul Business Journal:

cicugaha.wordpress.com
, a maker of marketinb simulation and planning received $1.1 million from the Innovationm Ohio Loan Fund, at an annual interesgt rate of 1 percent for the first year and 8 percent for five years. The Cincinnati-based compant will use the loan to develop a new generatio n of its Emerging Marketplace softwarse and buy computer The $2.2 million project is expecte d to create 36 jobs and retain 10 Two local firms also received Job Creation Tax Credit for expansion projects. , a supplier of labeling systems for the beverage was awarded a 45 percent tax credit for five yearsw fora $1 million expansion projectt in Mason.
The company expectxs to use the credit, worth about $52,700 over its term, to create 25 jobs and retainn 118. • won a 45 percent job credit, for a six-yeard term, for a $170,000 expansion project at its regionaloffice downtown. The credit is valued at about $119,750 over its Advantage expects to creater 33 positions andretain 65. The headquartered in Spokane, Wash., provides energyh management consulting services.

No comments:

Post a Comment