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(COLUMBUS, Ohio)—Ohio Governor Mike DeWine and Lt. Governor Jon
Husted today announced the approval of assistance for four projects
set to create 277 new jobs and retain 1,019 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 $16 million in new payroll and spur more than $5
million in investments across Ohio.
Projects approved by the TCA include:
NORTHEAST
Checkpoint Surgical Inc., Village of Highland Hills (Cuyahoga Co.),
expects to create 18 full-time positions, generating $1.9 million in
new annual payroll and retaining $2.3 million in existing payroll as
a result of the company’s expansion project in Highland Hills.
Checkpoint Surgical provides surgeons with neurological devices to
locate and identify nerves and evaluate nerve and muscle response to
stimulus in surgical procedures. The TCA approved a 1.625 percent,
seven-year Job Creation Tax Credit for this project.
NORTHWEST
Intelliteach Inc., City of Maumee (Lucas Co.), expects to create 132
full-time positions, generating $4.5 million in new annual payroll
as a result of the company’s new project in Maumee. Intelliteach
provides IT, financial service, and eLearning solutions to the legal
and accounting markets. The TCA approved a 1.192 percent, seven-year
Job Creation Tax Credit for this project.
WESTERN
Midmark Corporation, Village of Versailles (Darke Co.), expects to
create 99 full-time positions, generating $6.7 million in new annual
payroll and retaining $67.2 million in existing payroll as a result
of the company’s expansion project in Versailles. Midmark
Corporation provides products and services for health care
providers. The TCA approved a 1.642 percent, eight-year Job Creation
Tax Credit for this project.
LOCATION TBD
Hyperion Technology Group Inc. (Hyperion), (Location TBD), expects
to create 28 full-time positions, generating $3.6 million in new
annual payroll as a result of the company’s new project in a
to-be-determined location. Hyperion builds custom automated
machinery for the defense, medical, and environmental industries.
The TCA approved a 1.938 percent, seven-year Job Creation Tax Credit
for this project. |
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