Business  |  Tax Incentives


SWAGELOK COMPANY Agreement #04-001 
CRA # 035-72928-01


Agreement Information
Community: SOLON      ODOD Status: Active
County: Cuyahoga      Agrmt Date: 3/29/2004
Local School District:      Amend. Date:
     Expiration Date: 12/31/2021
School Comp Agreement: No      Revenue Sharing: Yes
  SIC Code: 3494

Real Property

Acquisition Improvements New Construction Total
Investments $21,000,000.00
Exemptions $2,100,000.00
 

Real Property Tax Incentives

Percentage  100 %  
Term 15 years  
 
Personal Property
M & E F & F Inventory Total
Investments $29,800,000.00

Employment

Job and Payroll Commitments
Number Payroll
Retained 698 $32,280,000.00
Fulltime Permanent 23 $1,320,000.00
Fulltime Temporary 0
Parttime Permanent
Parttime Temporary
Job Creation Period: 36 months

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 1982      Cumulative Taxes
Jobs Created: 1284 Real Property Taxes Paid: $227,940.00
Jobs Retained: 698 Real Property Taxes Forgone: $4,098,968.00
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $103,725,618.00 Personal Prop. Taxes Forgone: $0.00
Project Investment
Real Property: $22,731,499.00 Other Tax Incentives: $0.00
Personal Property: $27,272,623.00 TIRC Date: 8/20/2015
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $0.00 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $539,624.00
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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