Business  |  Tax Incentives


Alkermes, Inc.
Agreement #398-15-01
Zone 398


Agreement Information

Community: Wilmington      ODOD Status: Active
County: Clinton      Agrmt Date: 2/9/2015
Local School District: Wilmington City Schools and Great O      Amend. Date:
Nature of Business:      Expiration Date: 12/31/2026
School Comp Agreement: No      Revenue Sharing: No
Estimated Annual School Compensation SIC Code:

Real Property

Acquisition Improvements New Construction Total
Investments $13,709,000.00
Exemptions $13,709,000.00
 

Personal Property

M & E F & F Inventory Total
Investments $5,214,000.00
Exemptions $5,214,000.00
 

Incentives

Variable Rate Rate Term
Real No $0.00% yrs
Personal No $0.00% 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:      Number Payroll
Employment in Ohio:      Retained 277
     Fulltime Permanent 51 $3,164,800.00
     Fulltime Temporary
     Parttime Permanent
Parttime Temporary
Job Creation Period: months
 

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 530      Cumulative Taxes
Jobs Created: 39 Real Property Taxes Paid: $236,932.44
Jobs Retained: 276 Real Property Taxes Forgone: $4,290.41
Total FTE in Ohio: $530.00 Personal Property Taxes Paid: $0.00
New Payroll: $2,634,244.00 Personal Prop. Taxes Forgone: $0.00
Project Investment Local Corp Income Taxes Paid:
Real Property: $12,932,452.00 Other Tax Incentives: $0.00
Personal Property: $7,471,790.00 TIRC Date: 2/13/2018
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $236,932.44 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $4,290.41
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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