Business  |  Tax Incentives


LONGVIEW STEEL, A SUBSIDARY OF JAY INDUSTRIES, INC.
Agreement #388-04-05
Zone 388


Agreement Information

Community: MANSFIELD      ODOD Status: Active
County: RICHLAND      Agrmt Date: 8/17/2004
Local School District:      Amend. Date:
Nature of Business: MANUFACTURING      Expiration Date: 12/31/2019
School Comp Agreement: Yes      Revenue Sharing: No
Estimated Annual School Compensation 18151.0000 SIC Code: 3317

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $0.00 $1,900,000.00 $1,900,000.00
Exemptions $0.00 $1,900,000.00 $1,900,000.00
 

Personal Property

M & E F & F Inventory Total
Investments $750,000.00 $0.00 $500,000.00 $1,250,000.00
Exemptions $750,000.00 $0.00 $500,000.00 $750,000.00
 

Incentives

Variable Rate Rate Term
Real No $100.00% 15 yrs
Personal No $100.00% 15 yrs
 

Relocations

From Out of State: No State: no Jobs: 0
In State: No Community: no Jobs: 0
Waiver Issued by ODOD: None
 

Employment

Existing Employment Job and Payroll Commitments
Employment at site: 32      Number Payroll
Employment in Ohio: 32      Retained 0 $0.00
     Fulltime Permanent 3 $70,000.00
     Fulltime Temporary
     Parttime Permanent
Parttime Temporary
Job Creation Period: 12 months
 

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 33      Cumulative Taxes
Jobs Created: 0 Real Property Taxes Paid: $0.00
Jobs Retained: 0 Real Property Taxes Forgone: $0.00
Total FTE in Ohio: $33.00 Personal Property Taxes Paid: $395,889.00
New Payroll: $50,000.00 Personal Prop. Taxes Forgone: $319,842.00
Project Investment Local Corp Income Taxes Paid: $0.00
Real Property: $2,422,260.00 Other Tax Incentives: $0.00
Personal Property: $3,000,000.00 TIRC Date: 3/16/2016
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: $0.00

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