Business  |  Tax Incentives

Matalco Agreement #14-100 
CRA # 155-02287-01

Agreement Information
Community: LORDSTOWN      ODOD Status: Active
County: Trumbull      Agrmt Date: 12/16/2014
Local School District: Lordstown SD      Amend. Date:
     Expiration Date: 12/31/2029
School Comp Agreement: No      Revenue Sharing: No
  SIC Code:

Real Property

Acquisition Improvements New Construction Total
Investments $15,000,000.00
Exemptions $15,000,000.00

Real Property Tax Incentives

Percentage  75 %  
Term 10 years  
Personal Property
M & E F & F Inventory Total
Investments $50,000,000.00 $5,000,000.00


Job and Payroll Commitments
Number Payroll
Fulltime Permanent 70 $4,000,000.00
Fulltime Temporary
Parttime Permanent
Parttime Temporary
Job Creation Period: months


Agreement Status is: Active
Total full time equivalents at Site: 82      Cumulative Taxes
Jobs Created: 82 Real Property Taxes Paid: $98,819.00
Jobs Retained: 82 Real Property Taxes Forgone: $0.00
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $3,460,355.00 Personal Prop. Taxes Forgone:
Project Investment
Real Property: $93,020,000.00 Other Tax Incentives: $0.00
Personal Property: $0.00 TIRC Date: 3/16/2018
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $68,332.00 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $0.00
Personal Property Taxes Paid: Annual Report Year: 2017
Personal Prop. Taxes Forgone:
Local Corp Income Taxes Paid:

Back to Search Page