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: SOLON CITY SD      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


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


Agreement Status is: Active
Total full time equivalents at Site: 2028      Cumulative Taxes
Jobs Created: 1330 Real Property Taxes Paid: $0.00
Jobs Retained: 698 Real Property Taxes Forgone: $5,183,530.00
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $108,341,439.00 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: 8/10/2017
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $0.00 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $543,166.00
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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