Business  |  Tax Incentives

TimkenSteel Corp.
Agreement #234-14-100
Zone 234

Agreement Information

Community: Perry      ODOD Status: Active
County: Stark      Agrmt Date: 12/18/2014
Local School District: Perry Local SD      Amend. Date:
Nature of Business:      Expiration Date: 12/31/2024
School Comp Agreement: No      Revenue Sharing: No
Estimated Annual School Compensation SIC Code:

Real Property

Acquisition Improvements New Construction Total
Investments $10,000,000.00
Exemptions $10,000,000.00

Personal Property

M & E F & F Inventory Total
Investments $20,000,000.00
Exemptions $20,000,000.00


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


From Out of State: No State: Jobs: 0
In State: No Community: Jobs: 0
Waiver Issued by ODOD: None


Existing Employment Job and Payroll Commitments
Employment at site:      Number Payroll
Employment in Ohio: 3077      Retained 806
     Fulltime Permanent 11 $900,000.00
     Fulltime Temporary
     Parttime Permanent
Parttime Temporary
Job Creation Period: months


Agreement Status is: Active
Total full time equivalents at Site: 812      Cumulative Taxes
Jobs Created: 6 Real Property Taxes Paid: $249,443.00
Jobs Retained: 806 Real Property Taxes Forgone: $0.00
Total FTE in Ohio: $2,638.00 Personal Property Taxes Paid: $0.00
New Payroll: $400,000.00 Personal Prop. Taxes Forgone: $0.00
Project Investment Local Corp Income Taxes Paid:
Real Property: $15,000,000.00 Other Tax Incentives: $0.00
Personal Property: $26,000,000.00 TIRC Date: 3/12/2018
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $249,443.00 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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