Business  |  Tax Incentives


PILOT PLASTICS, INC Agreement #07-001 
CRA # 153-19778-02


Agreement Information
Community: CUYAHOGA FALLS      ODOD Status: Active
County: Summit      Agrmt Date: 5/16/2007
Local School District:      Amend. Date:
     Expiration Date: 12/31/2015
School Comp Agreement: No      Revenue Sharing: No
  SIC Code:

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $0.00 $3,000,000.00 $3,000,000.00
Exemptions $0.00 $3,000,000.00 $3,000,000.00
 

Real Property Tax Incentives

Percentage  50 %  
Term 8 years  
 
Personal Property
M & E F & F Inventory Total
Investments $500,000.00 $125,000.00 $150,000.00 $775,000.00

Employment

Job and Payroll Commitments
Number Payroll
Retained 94 $1,864,544.00
Fulltime Permanent 4 $106,250.00
Fulltime Temporary 4 $63,750.00
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: 51      Cumulative Taxes
Jobs Created: 4 Real Property Taxes Paid: $624,720.20
Jobs Retained: 47 Real Property Taxes Forgone: $131,873.43
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $84,000.00 Personal Prop. Taxes Forgone:
Project Investment
Real Property: $3,150,000.00 Other Tax Incentives: $0.00
Personal Property: $775,000.00 TIRC Date: 6/15/2015
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $109,999.52 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $22,372.90
Personal Property Taxes Paid: Annual Report Year: 2015
Personal Prop. Taxes Forgone:
Local Corp Income Taxes Paid:

Back to Search Page