Business  |  Tax Incentives


NK PARTS INDUSTRIES INC.
Agreement #337-03-02
Zone 337


Agreement Information

Community: ZANE TOWNSHIP      ODOD Status: Active
County: LOGAN      Agrmt Date: 12/29/2003
Local School District:      Amend. Date:
Nature of Business: DISTRIBUTION      Expiration Date: 12/31/2017
School Comp Agreement: No      Revenue Sharing: No
Estimated Annual School Compensation SIC Code: 5013

Real Property

Acquisition Improvements New Construction Total
Investments $645,000.00 $0.00 $5,400,000.00 $6,045,000.00
Exemptions $0.00 $5,400,000.00 $5,400,000.00
 

Personal Property

M & E F & F Inventory Total
Investments $750,000.00 $400,000.00 $0.00 $1,150,000.00
Exemptions $750,000.00 $400,000.00 $0.00 $1,150,000.00
 

Incentives

Variable Rate Rate Term
Real No $100.00% 10 yrs
Personal No $100.00% 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: 900      Number Payroll
Employment in Ohio: 1075      Retained 0 $0.00
     Fulltime Permanent 150 $5,500,000.00
     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: 446      Cumulative Taxes
Jobs Created: 46 Real Property Taxes Paid: $0.00
Jobs Retained: 0 Real Property Taxes Forgone: $0.00
Total FTE in Ohio: $446.00 Personal Property Taxes Paid: $0.00
New Payroll: $1,682,641.00 Personal Prop. Taxes Forgone: $0.00
Project Investment Local Corp Income Taxes Paid:
Real Property: $6,772,352.00 Other Tax Incentives: $0.00
Personal Property: $2,454,338.00 TIRC Date: 3/22/2016
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:

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