Business  |  Tax Incentives


IMCO Recycling of Ohio, LLC, formerly IMCO RECYCLING OF OHIO, INC.
Agreement #331-99-04
Zone 331


Agreement Information

Community: MILL TOWNSHIP      ODOD Status: Active
County: TUSCARAWAS      Agrmt Date: 3/4/1999
Local School District:      Amend. Date:
Nature of Business: MFG      Expiration Date: 12/31/2015
School Comp Agreement: Yes      Revenue Sharing: No
Estimated Annual School Compensation 16289.0000 SIC Code: 3365

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $1,050,156.00 $3,251,080.00 $4,301,236.00
Exemptions $1,050,156.00 $3,251,080.00 $4,301,236.00
 

Personal Property

M & E F & F Inventory Total
Investments $803,690.00 $0.00 $36,000.00 $839,690.00
Exemptions $803,690.00 $0.00 $36,000.00 $803,690.00
 

Incentives

Variable Rate Rate Term
Real No $100.00% 15 yrs
Personal No $100.00% 15 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: 210      Number Payroll
Employment in Ohio: 210      Retained 0 $0.00
     Fulltime Permanent 19 $480,000.00
     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: 133      Cumulative Taxes
Jobs Created: 16 Real Property Taxes Paid: $0.00
Jobs Retained: 0 Real Property Taxes Forgone: $442,677.25
Total FTE in Ohio: $133.00 Personal Property Taxes Paid: $0.00
New Payroll: $740,094.00 Personal Prop. Taxes Forgone: $268,924.00
Project Investment Local Corp Income Taxes Paid: $0.00
Real Property: $4,392,563.00 Other Tax Incentives: $0.00
Personal Property: $4,336,840.00 TIRC Date: 2/24/2016
Previous Year Taxes TIRC Recommendation: EXPIRE
Real Property Taxes Paid: $0.00 Local Gov't. Action/Status: EXPIRE
Real Property Taxes Forgone: $22,471.25
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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