Business  |  Tax Incentives

JM Smith Corporation
Agreement #380-17-01
Zone 380

Agreement Information

Community: Carey      ODOD Status: Active
County: Wyandot      Agrmt Date: 8/29/2017
Local School District: Carey Exempted Village Schools      Amend. Date:
Nature of Business:      Expiration Date: 12/31/2032
School Comp Agreement: Yes      Revenue Sharing: No
Estimated Annual School Compensation 125527.0000 SIC Code:

Real Property

Acquisition Improvements New Construction Total
Investments $6,000,000.00 $1,000,000.00 $2,000,000.00 $9,000,000.00

Personal Property

M & E F & F Inventory Total
Investments $7,000,000.00 $500,000.00 $35,000,000.00 $42,500,000.00


Variable Rate Rate Term
Real No % yrs
Personal No % 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:      Retained
     Fulltime Permanent 50 $2,200,000.00
     Fulltime Temporary
     Parttime Permanent
Parttime Temporary
Job Creation Period: 36 months


Agreement Status is: Active
Total full time equivalents at Site: 11      Cumulative Taxes
Jobs Created: 11 Real Property Taxes Paid: $0.00
Jobs Retained: 0 Real Property Taxes Forgone: $0.00
Total FTE in Ohio: $11.00 Personal Property Taxes Paid: $0.00
New Payroll: $530,932.00 Personal Prop. Taxes Forgone: $0.00
Project Investment Local Corp Income Taxes Paid:
Real Property: $5,821,559.00 Other Tax Incentives: $0.00
Personal Property: $6,258,118.00 TIRC Date: 3/6/2018
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: 2017
Personal Prop. Taxes Forgone: $0.00
Local Corp Income Taxes Paid:

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