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International Paper Company
Agreement #100-14-01
Zone 100

Agreement Information

Community: KENTON      ODOD Status: Active
County: HARDIN      Agrmt Date: 6/1/2014
Local School District:      Amend. Date:
Nature of Business:      Expiration Date: 12/31/2030
School Comp Agreement: No      Revenue Sharing: No
Estimated Annual School Compensation SIC Code:

Real Property

Acquisition Improvements New Construction Total
Investments $55,000,000.00

Personal Property

M & E F & F Inventory Total
Investments $45,000,000.00 $300,000.00 $5,000,000.00 $50,300,000.00


Variable Rate Rate Term
Real No $0.00% yrs
Personal No $0.00% yrs


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


Existing Employment Job and Payroll Commitments
Employment at site:      Number Payroll
Employment in Ohio:      Retained 532
     Fulltime Permanent 125 $4,216,000.00
     Fulltime Temporary
     Parttime Permanent
Parttime Temporary
Job Creation Period: months


Agreement Status is: Active
Total full time equivalents at Site: 680      Cumulative Taxes
Jobs Created: 140 Real Property Taxes Paid: $112,672.00
Jobs Retained: 532 Real Property Taxes Forgone: $131,099.00
Total FTE in Ohio: $680.00 Personal Property Taxes Paid: $0.00
New Payroll: $8,722,342.00 Personal Prop. Taxes Forgone: $0.00
Project Investment Local Corp Income Taxes Paid:
Real Property: $39,320,878.00 Other Tax Incentives: $0.00
Personal Property: $18,266,217.00 TIRC Date: 2/28/2018
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $112,672.00 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $131,099.00
Personal Property Taxes Paid: $0.00 Annual Report Year: 2017
Personal Prop. Taxes Forgone: $0.00
Local Corp Income Taxes Paid:

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