Business  |  Tax Incentives


Pilot Chemical Company of Ohio Inc.
Agreement #008-12-01
Zone 008


Agreement Information

Community: MIDDLETOWN      ODOD Status: Active
County: BUTLER      Agrmt Date: 6/20/2012
Local School District:      Amend. Date:
Nature of Business: manufacturing      Expiration Date: 12/31/2026
School Comp Agreement: No      Revenue Sharing: No
Estimated Annual School Compensation SIC Code: 325613

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $0.00 $8,000,000.00 $8,000,000.00
Exemptions $0.00 $5,200,000.00 $5,200,000.00
 

Personal Property

M & E F & F Inventory Total
Investments $22,500,000.00 $2,400,000.00 $0.00 $24,900,000.00
Exemptions $0.00 $0.00 $0.00 $0.00
 

Incentives

Variable Rate Rate Term
Real No $65.00% 10 yrs
Personal No $0.00% 0 yrs
 

Relocations

From Out of State: No State: Jobs:
In State: No Community: Jobs:
Waiver Issued by ODOD: None
 

Employment

Existing Employment Job and Payroll Commitments
Employment at site: 46      Number Payroll
Employment in Ohio: 46      Retained 46 $0.00
     Fulltime Permanent 15 $642,500.00
     Fulltime Temporary 0 $0.00
     Parttime Permanent 0 $0.00
Parttime Temporary 0 $0.00
Job Creation Period: 36 months
 

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 54      Cumulative Taxes
Jobs Created: 0 Real Property Taxes Paid: $181,745.72
Jobs Retained: 46 Real Property Taxes Forgone: $14,310.92
Total FTE in Ohio: $154.00 Personal Property Taxes Paid: $0.00
New Payroll: $556,753.00 Personal Prop. Taxes Forgone: $0.00
Project Investment Local Corp Income Taxes Paid:
Real Property: $5,622,404.00 Other Tax Incentives: $0.00
Personal Property: $16,816,000.00 TIRC Date: 4/16/2015
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $53,479.72 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $14,310.92
Personal Property Taxes Paid: $0.00 Annual Report Year: 2015
Personal Prop. Taxes Forgone: $0.00
Local Corp Income Taxes Paid:

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