Business  |  Tax Incentives


OMNISOURCE CORPORATION
Agreement #060-04-03
Zone 060


Agreement Information

Community: DEFIANCE      ODOD Status: Active
County: DEFIANCE      Agrmt Date: 8/30/2004
Local School District:      Amend. Date:
Nature of Business: MANUFACTURING      Expiration Date: 12/31/2015
School Comp Agreement: Yes      Revenue Sharing: No
Estimated Annual School Compensation 30.0000 SIC Code: 5093

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $0.00 $280,000.00 $280,000.00
Exemptions $0.00 $280,000.00 $280,000.00
 

Personal Property

M & E F & F Inventory Total
Investments $916,000.00 $0.00 $0.00 $916,000.00
Exemptions $916,000.00 $0.00 $0.00 $916,000.00
 

Incentives

Variable Rate Rate Term
Real No $100.00% 10 yrs
Personal No $100.00% 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: 40      Number Payroll
Employment in Ohio: 438      Retained 15 $396,750.00
     Fulltime Permanent 0
     Fulltime Temporary
     Parttime Permanent
Parttime Temporary
Job Creation Period: 0 months
 

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 23      Cumulative Taxes
Jobs Created: 0 Real Property Taxes Paid: $112,930.88
Jobs Retained: 15 Real Property Taxes Forgone: $12,982.00
Total FTE in Ohio: $345.00 Personal Property Taxes Paid: $165,249.21
New Payroll: $0.00 Personal Prop. Taxes Forgone: $30,778.56
Project Investment Local Corp Income Taxes Paid: $0.00
Real Property: $292,934.00 Other Tax Incentives: $0.00
Personal Property: $1,127,991.00 TIRC Date: 4/29/2015
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $12,407.56 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $1,408.41
Personal Property Taxes Paid: $0.00 Annual Report Year: 2015
Personal Prop. Taxes Forgone: $0.00
Local Corp Income Taxes Paid: $0.00

Back to Search Page