Business  |  Tax Incentives


HUHTAMAKI PLASTICS, INC
Agreement #374-01-01
Zone 374


Agreement Information

Community: PENN TOWNSHIP      ODOD Status: Active
County: HIGHLAND      Agrmt Date: 9/6/2001
Local School District:      Amend. Date:
Nature of Business: MFG      Expiration Date: 12/31/2015
School Comp Agreement: No      Revenue Sharing: No
Estimated Annual School Compensation SIC Code: 326100

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $1,096,000.00 $0.00 $1,096,000.00
Exemptions $1,096,000.00 $0.00 $1,096,000.00
 

Personal Property

M & E F & F Inventory Total
Investments $12,700,000.00 $0.00 $1,100,000.00 $13,800,000.00
Exemptions $12,700,000.00 $0.00 $1,100,000.00 $12,700,000.00
 

Incentives

Variable Rate Rate Term
Real No $100.00% 9 yrs
Personal No $100.00% 9 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: 260      Number Payroll
Employment in Ohio: 260      Retained 271 $2,647,499.00
     Fulltime Permanent 191 $4,012,840.00
     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: 224      Cumulative Taxes
Jobs Created: 0 Real Property Taxes Paid: $731,296.43
Jobs Retained: 224 Real Property Taxes Forgone: $2,436,788.08
Total FTE in Ohio: $224.00 Personal Property Taxes Paid: $0.00
New Payroll: $0.00 Personal Prop. Taxes Forgone: $0.00
Project Investment Local Corp Income Taxes Paid: $0.00
Real Property: $2,362,527.50 Other Tax Incentives: $0.00
Personal Property: $36,391,127.78 TIRC Date: 5/7/2004
Previous Year Taxes TIRC Recommendation: NA
Real Property Taxes Paid: $69,913.20 Local Gov't. Action/Status: NA
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: $0.00

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