COLUMBUS, OH (STL.News) Ohio Governor Mike DeWine and Lt. Governor Jon Husted today announced the approval of assistance for eight projects set to create 1,105 new jobs and retain 912 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 $57 million in new payroll and spur more than $281 million in investments across Ohio. Projects approved by the TCA include:
Hollingsworth Management Services LLC, City of Columbus (Franklin Co.), expects to create 95 full-time positions, generating $3.3 million in new annual payroll and retaining $700,000 in existing payroll as a result of the company’s expansion project in Columbus. Hollingsworth provides supply chain optimization for the aerospace, automotive, government, and healthcare industries. The TCA approved a 1.008 percent, seven-year Job Creation Tax Credit for this project.
Green Circle Growers Inc., Camden Township (Lorain Co.), expects to create 250 full-time positions, generating $15 million in new annual payroll and retaining $36.8 million in existing payroll as a result of the company’s expansion project in Camden Township.