Business  |  Tax Incentives


DOVER CHEMICAL CORPORATION
Agreement #174-05-01
Zone 174


Agreement Information

Community: DOVER (TOWNSHIP OF)      ODOD Status: Active
County: TUSCARAWAS      Agrmt Date: 5/26/2005
Local School District:      Amend. Date:
Nature of Business: MANUFACTURING      Expiration Date: 12/31/2017
School Comp Agreement: No      Revenue Sharing: No
Estimated Annual School Compensation SIC Code: 325188

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $1,250,000.00 $0.00 $1,250,000.00
Exemptions $1,250,000.00 $0.00 $1,250,000.00
 

Personal Property

M & E F & F Inventory Total
Investments $9,500,000.00 $0.00 $0.00 $9,500,000.00
Exemptions $9,500,000.00 $0.00 $0.00 $9,500,000.00
 

Incentives

Variable Rate Rate Term
Real No $75.00% 10 yrs
Personal No $75.00% 10 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: 192      Number Payroll
Employment in Ohio: 192      Retained 16 $877,500.00
     Fulltime Permanent 3 $129,355.00
     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: 185      Cumulative Taxes
Jobs Created: 6 Real Property Taxes Paid: $0.00
Jobs Retained: 16 Real Property Taxes Forgone: $0.00
Total FTE in Ohio: $185.00 Personal Property Taxes Paid: $0.00
New Payroll: $591,400.00 Personal Prop. Taxes Forgone: $0.00
Project Investment Local Corp Income Taxes Paid: $0.00
Real Property: $2,513,000.00 Other Tax Incentives: $0.00
Personal Property: $14,678,455.00 TIRC Date: 2/8/2016
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $0.00 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $0.00
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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