Business  |  Tax Incentives


WOLLIN PRODUCTS INC. DBA TITAN PLASTICS MIDWEST LLC
Agreement #142-06-01
Zone 142


Agreement Information

Community: CLYDE      ODOD Status: Active
County: SANDUSKY      Agrmt Date: 5/4/2006
Local School District:      Amend. Date:
Nature of Business: MANUFACTURING      Expiration Date: 12/31/2016
School Comp Agreement: Yes      Revenue Sharing: No
Estimated Annual School Compensation 25.0000 SIC Code: 3089

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $486,000.00 $1,673,000.00 $2,159,000.00
Exemptions $486,000.00 $1,673,000.00 $2,159,000.00
 

Personal Property

M & E F & F Inventory Total
Investments $14,086,000.00 $0.00 $585,000.00 $14,671,000.00
Exemptions $0.00 $0.00 $585,000.00 $0.00
 

Incentives

Variable Rate Rate Term
Real No $100.00% 10 yrs
Personal No $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: 343      Number Payroll
Employment in Ohio: 343      Retained 343 $10,189,000.00
     Fulltime Permanent 100 $2,783,000.00
     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: 566      Cumulative Taxes
Jobs Created: 113 Real Property Taxes Paid: $586,163.00
Jobs Retained: 346 Real Property Taxes Forgone: $152,576.00
Total FTE in Ohio: $566.00 Personal Property Taxes Paid: $161,993.00
New Payroll: $5,681,002.00 Personal Prop. Taxes Forgone: $28,778.00
Project Investment Local Corp Income Taxes Paid: $0.00
Real Property: $4,048,309.00 Other Tax Incentives: $0.00
Personal Property: $19,181,189.00 TIRC Date: 3/14/2016
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $79,035.00 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $44,946.00
Personal Property Taxes Paid: $0.00 Annual Report Year: 2015
Personal Prop. Taxes Forgone: $0.00
Local Corp Income Taxes Paid: $0.00

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