Business  |  Tax Incentives


NORWOOD TOOL COMPANY, A.K.A. KBK WINNER PROPERTIES, Ltd.
Agreement #081-08-03
Zone 081


Agreement Information

Community: DAYTON      ODOD Status: Active
County: MONTGOMERY      Agrmt Date: 6/25/2008
Local School District:      Amend. Date:
Nature of Business: Manufacturing      Expiration Date: 12/31/2021
School Comp Agreement: No      Revenue Sharing: No
Estimated Annual School Compensation 25.0000 SIC Code:

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $0.00 $1,200,000.00 $1,200,000.00
Exemptions
 

Personal Property

M & E F & F Inventory Total
Investments $4,000,000.00 $0.00 $300,000.00 $4,300,000.00
Exemptions
 

Incentives

Variable Rate Rate Term
Real No $100.00% 10 yrs
Personal No $0.00% 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: 524      Number Payroll
Employment in Ohio: 524      Retained 524 $20,250,000.00
     Fulltime Permanent 30 $1,050,000.00
     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: 30      Cumulative Taxes
Jobs Created: 30 Real Property Taxes Paid: $37,950.68
Jobs Retained: 0 Real Property Taxes Forgone: $427,050.37
Total FTE in Ohio: $30.00 Personal Property Taxes Paid: $0.00
New Payroll: $1,295,730.00 Personal Prop. Taxes Forgone: $0.00
Project Investment Local Corp Income Taxes Paid:
Real Property: $0.00 Other Tax Incentives: $0.00
Personal Property: $12,167,768.00 TIRC Date: 2/22/2016
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $5,566.96 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $85,360.54
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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