Business  |  Tax Incentives


KIMBLE ACQUISITION COMPANY & KMC PROPERTY COMPANY, LLC
Agreement #174-06-01
Zone 174


Agreement Information

Community: GOSHEN (TOWNSHIP OF)      ODOD Status: Active
County: TUSCARAWAS      Agrmt Date: 11/20/2006
Local School District:      Amend. Date:
Nature of Business: MANUFACTURING      Expiration Date: 12/31/2018
School Comp Agreement: Yes      Revenue Sharing: No
Estimated Annual School Compensation 100.0000 SIC Code: 336210

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $0.00 $7,000,000.00 $7,000,000.00
Exemptions $0.00 $7,000,000.00 $7,000,000.00
 

Personal Property

M & E F & F Inventory Total
Investments $1,300,000.00 $100,000.00 $0.00 $1,400,000.00
Exemptions $1,300,000.00 $100,000.00 $0.00 $1,400,000.00
 

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:
In State: No Community: Jobs:
Waiver Issued by ODOD: None
 

Employment

Existing Employment Job and Payroll Commitments
Employment at site: 0      Number Payroll
Employment in Ohio: 200      Retained 160 $5,068,456.00
     Fulltime Permanent 100 $3,120,000.00
     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: 115      Cumulative Taxes
Jobs Created: 50 Real Property Taxes Paid: $190,858.61
Jobs Retained: 65 Real Property Taxes Forgone: $522,621.69
Total FTE in Ohio: $115.00 Personal Property Taxes Paid: $0.00
New Payroll: $3,857,525.42 Personal Prop. Taxes Forgone: $0.00
Project Investment Local Corp Income Taxes Paid: $0.00
Real Property: $7,244,733.00 Other Tax Incentives: $7,575.00
Personal Property: $9,844,897.00 TIRC Date: 2/17/2016
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $29,341.71 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $86,745.32
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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