Business  |  Tax Incentives


HIRSCHVOGEL INCORPORATED
Agreement #023-05-07
Zone 023


Agreement Information

Community: COLUMBUS      ODOD Status: Active
County: FRANKLIN      Agrmt Date: 4/14/2005
Local School District:      Amend. Date:
Nature of Business: MANFUDCTURING      Expiration Date: 12/31/2016
School Comp Agreement: No      Revenue Sharing: No
Estimated Annual School Compensation SIC Code: 332000

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $0.00 $1,500,000.00 $1,500,000.00
Exemptions $0.00 $1,500,000.00 $1,500,000.00
 

Personal Property

M & E F & F Inventory Total
Investments $4,000,000.00 $50,000.00 $500,000.00 $4,550,000.00
Exemptions $4,000,000.00 $50,000.00 $500,000.00 $4,050,000.00
 

Incentives

Variable Rate Rate Term
Real No $75.00% 10 yrs
Personal No $75.00% 10 yrs
 

Relocations

From Out of State: No State: Jobs: 0
In State: No Community: Jobs: 0
Waiver Issued by ODOD: None
 

Employment

Existing Employment Job and Payroll Commitments
Employment at site: 156      Number Payroll
Employment in Ohio: 156      Retained 134 $5,780,000.00
     Fulltime Permanent 46 $1,650,000.00
     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: 314      Cumulative Taxes
Jobs Created: 180 Real Property Taxes Paid: $827,711.99
Jobs Retained: 134 Real Property Taxes Forgone: $267,296.72
Total FTE in Ohio: $314.00 Personal Property Taxes Paid: $529,401.00
New Payroll: $8,507,300.41 Personal Prop. Taxes Forgone: $61,212.00
Project Investment Local Corp Income Taxes Paid: $0.00
Real Property: $2,978,398.00 Other Tax Incentives: $0.00
Personal Property: $14,273,287.00 TIRC Date: 8/20/2015
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $97,053.80 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $31,093.40
Personal Property Taxes Paid: $0.00 Annual Report Year: 2015
Personal Prop. Taxes Forgone: $0.00
Local Corp Income Taxes Paid: $0.00

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