Business  |  Tax Incentives

Torpe America Corporation
Agreement #046-17-01
Zone 046

Agreement Information

Community: Springfield      ODOD Status: Active
County: Clark      Agrmt Date: 5/16/2017
Local School District: Sprinfield City Schools      Amend. Date:
Nature of Business:      Expiration Date: 12/31/2033
School Comp Agreement: No      Revenue Sharing: No
Estimated Annual School Compensation SIC Code:

Real Property

Acquisition Improvements New Construction Total
Investments $25,000,000.00 $2,500,000.00 $22,000,000.00 $49,500,000.00
Exemptions $2,500,000.00 $22,000,000.00 $24,500,000.00

Personal Property

M & E F & F Inventory Total
Investments $25,000,000.00 $120,000.00 $3,000,000.00 $28,120,000.00
Exemptions $25,000,000.00 $120,000.00 $3,000,000.00 $25,120,000.00


Variable Rate Rate Term
Real No % yrs
Personal No % yrs


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


Existing Employment Job and Payroll Commitments
Employment at site:      Number Payroll
Employment in Ohio:      Retained
     Fulltime Permanent 85 $3,447,600.00
     Fulltime Temporary
     Parttime Permanent
Parttime Temporary
Job Creation Period: 36 months


Agreement Status is: Active
Total full time equivalents at Site:      Cumulative Taxes
Jobs Created: Real Property Taxes Paid:
Jobs Retained: Real Property Taxes Forgone:
Total FTE in Ohio: Personal Property Taxes Paid:
New Payroll: Personal Prop. Taxes Forgone:
Project Investment Local Corp Income Taxes Paid:
Real Property: Other Tax Incentives:
Personal Property: TIRC Date:
Previous Year Taxes TIRC Recommendation:
Real Property Taxes Paid: Local Gov't. Action/Status:
Real Property Taxes Forgone:
Personal Property Taxes Paid: Annual Report Year:
Personal Prop. Taxes Forgone:
Local Corp Income Taxes Paid:

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