Business  |  Tax Incentives


CGB Co.
Agreement #060-11-01
Zone 060


Agreement Information

Community: DEFIANCE      ODOD Status: Active
County: DEFIANCE      Agrmt Date: 11/7/2011
Local School District:      Amend. Date:
Nature of Business: manufacturing      Expiration Date: 12/31/2024
School Comp Agreement: Yes      Revenue Sharing: No
Estimated Annual School Compensation 23.0000 SIC Code:

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $0.00 $16,500,000.00 $16,500,000.00
Exemptions $0.00 $15,262,500.00 $15,262,500.00
 

Personal Property

M & E F & F Inventory Total
Investments $5,500,000.00 $0.00 $0.00 $5,500,000.00
Exemptions $0.00 $0.00 $0.00 $0.00
 

Incentives

Variable Rate Rate Term
Real Yes $93.00% 12 yrs
Personal Yes $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: 66      Number Payroll
Employment in Ohio: 66      Retained 66 $0.00
     Fulltime Permanent 15 $655,000.00
     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: 11      Cumulative Taxes
Jobs Created: 11 Real Property Taxes Paid: $16,774.00
Jobs Retained: 11 Real Property Taxes Forgone: $69,269.00
Total FTE in Ohio: $88.00 Personal Property Taxes Paid: $0.00
New Payroll: $344,861.00 Personal Prop. Taxes Forgone: $0.00
Project Investment Local Corp Income Taxes Paid:
Real Property: $21,490,766.00 Other Tax Incentives: $0.00
Personal Property: $0.00 TIRC Date: 4/29/2015
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $3,983.00 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $36,861.00
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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