Business  |  Tax Incentives


Brush Wellman, Inc.
Agreement #276-08-01
Zone 276


Agreement Information

Community: HARRIS (TOWNSHIP OF)      ODOD Status: Active
County: OTTAWA      Agrmt Date: 6/30/2008
Local School District:      Amend. Date:
Nature of Business: Industrial - Manufacturing      Expiration Date: 12/31/2020
School Comp Agreement: No      Revenue Sharing: No
Estimated Annual School Compensation SIC Code:

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $300,000.00 $8,000,000.00 $8,300,000.00
Exemptions
 

Personal Property

M & E F & F Inventory Total
Investments $55,000,000.00 $500,000.00 $0.00 $55,500,000.00
Exemptions
 

Incentives

Variable Rate Rate Term
Real No $0.00% yrs
Personal No $0.00% 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: 590      Number Payroll
Employment in Ohio: 749      Retained 118 $8,950,000.00
     Fulltime Permanent 25 $1,568,424.00
     Fulltime Temporary 4 $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: 623      Cumulative Taxes
Jobs Created: 30 Real Property Taxes Paid: $0.00
Jobs Retained: 118 Real Property Taxes Forgone: $371,722.61
Total FTE in Ohio: $700.00 Personal Property Taxes Paid: $0.00
New Payroll: $2,855,485.00 Personal Prop. Taxes Forgone: $0.00
Project Investment Local Corp Income Taxes Paid:
Real Property: $18,099,000.00 Other Tax Incentives: $0.00
Personal Property: $66,998,000.00 TIRC Date: 7/15/2015
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $0.00 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $79,474.61
Personal Property Taxes Paid: $0.00 Annual Report Year: 2015
Personal Prop. Taxes Forgone: $0.00
Local Corp Income Taxes Paid:

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