Business  |  Tax Incentives


Clampco Products, Inc. & The James R. Venner Trust Agreement #09-001 
CRA # 103-04445-06


Agreement Information
Community: WADSWORTH      ODOD Status: Active
County: Medina      Agrmt Date: 5/20/2009
Local School District:      Amend. Date:
     Expiration Date: 12/31/2018
School Comp Agreement: No      Revenue Sharing: No
  SIC Code: 332999

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $22,575.00 $780,370.00 $802,945.00
Exemptions $90,030.00 $312,148.00 $402,178.00
 

Real Property Tax Incentives

Percentage  40 %  
Term 8 years  
 
Personal Property
M & E F & F Inventory Total
Investments $494,894.00 $2,500.00 $183,887.00 $681,281.00

Employment

Job and Payroll Commitments
Number Payroll
Retained 107 $4,025,738.00
Fulltime Permanent 3 $98,000.00
Fulltime Temporary 3 $56,000.00
Parttime Permanent 0 $0.00
Parttime Temporary 0 $0.00
Job Creation Period: 12 months

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 151      Cumulative Taxes
Jobs Created: 55 Real Property Taxes Paid: $53,457.66
Jobs Retained: 96 Real Property Taxes Forgone: $35,640.68
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $3,623,936.00 Personal Prop. Taxes Forgone:
Project Investment
Real Property: $828,436.00 Other Tax Incentives: $0.00
Personal Property: $954,459.00 TIRC Date: 3/16/2016
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $9,290.32 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $6,193.52
Personal Property Taxes Paid: Annual Report Year: 2015
Personal Prop. Taxes Forgone:
Local Corp Income Taxes Paid:

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