Business  |  Tax Incentives


Quest Automotive Products and JJ & W Limited Partnership
Agreement #035-13-01
Zone 035


Agreement Information

Community: MASSILLON      ODOD Status: Active
County: STARK      Agrmt Date: 10/14/2013
Local School District:      Amend. Date:
Nature of Business: manufacturing      Expiration Date: 12/31/2024
School Comp Agreement: No      Revenue Sharing: No
Estimated Annual School Compensation SIC Code: 424950

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $0.00 $1,575,000.00 $1,575,000.00
Exemptions $0.00 $787,500.00 $787,500.00
 

Personal Property

M & E F & F Inventory Total
Investments $1,163,000.00 $0.00 $3,500,000.00 $4,663,000.00
Exemptions $581,500.00 $0.00 $1,750,000.00 $581,500.00
 

Incentives

Variable Rate Rate Term
Real No $50.00% 10 yrs
Personal No $50.00% 10 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: 123      Number Payroll
Employment in Ohio: 133      Retained 123 $5,551,986.00
     Fulltime Permanent 25 $895,000.00
     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: 140      Cumulative Taxes
Jobs Created: 12 Real Property Taxes Paid: $0.00
Jobs Retained: 123 Real Property Taxes Forgone: $0.00
Total FTE in Ohio: $140.00 Personal Property Taxes Paid: $0.00
New Payroll: $424,074.23 Personal Prop. Taxes Forgone: $0.00
Project Investment Local Corp Income Taxes Paid:
Real Property: $5,377,000.00 Other Tax Incentives: $0.00
Personal Property: $2,195,090.00 TIRC Date: 3/23/2016
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $0.00 Local Gov't. Action/Status: NA
Real Property Taxes Forgone: $0.00
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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