Business  |  Tax Incentives


Associated Plastics, Corporation
Agreement #118-16-01
Zone 118


Agreement Information

Community: Ada      ODOD Status: Active
County: Hardin      Agrmt Date: 6/30/2016
Local School District: Ada Village Exempted Schools & Apol      Amend. Date:
Nature of Business:      Expiration Date: 12/31/2026
School Comp Agreement: No      Revenue Sharing: No
Estimated Annual School Compensation SIC Code:

Real Property

Acquisition Improvements New Construction Total
Investments $2,000,000.00
Exemptions $2,000,000.00
 

Personal Property

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

Incentives

Variable Rate Rate Term
Real No % yrs
Personal No % 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:      Number Payroll
Employment in Ohio:      Retained $1,500,000.00
     Fulltime Permanent 10 $400,000.00
     Fulltime Temporary 5
     Parttime Permanent
Parttime Temporary
Job Creation Period: months
 

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 50      Cumulative Taxes
Jobs Created: 3 Real Property Taxes Paid: $0.00
Jobs Retained: 47 Real Property Taxes Forgone: $0.00
Total FTE in Ohio: $47.00 Personal Property Taxes Paid: $0.00
New Payroll: $90,000.00 Personal Prop. Taxes Forgone: $0.00
Project Investment Local Corp Income Taxes Paid:
Real Property: $3,500,000.00 Other Tax Incentives: $0.00
Personal Property: $0.00 TIRC Date: 2/28/2018
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $35,549.72 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $0.00
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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