Business  |  Tax Incentives

Albrecht, Inc. and Wheaton & Sprague Engineering, Inc. Agreement #15-104 
CRA # 153-04153-01

Agreement Information
Community: STOW      ODOD Status: Active
County: Summit      Agrmt Date: 10/15/2015
Local School District: Stow-Munroe Falls City School District      Amend. Date:
     Expiration Date: 12/31/2032
School Comp Agreement: Yes      Revenue Sharing: No
  SIC Code:

Real Property

Acquisition Improvements New Construction Total
Investments $5,300,000.00
Exemptions $5,300,000.00

Real Property Tax Incentives

Percentage  100 %  
Term 15 years  
Personal Property
M & E F & F Inventory Total


Job and Payroll Commitments
Number Payroll
Retained 33 $2,029,000.00
Fulltime Permanent 74 $3,350,000.00
Fulltime Temporary
Parttime Permanent
Parttime Temporary
Job Creation Period: months


Agreement Status is: Active
Total full time equivalents at Site: 29      Cumulative Taxes
Jobs Created: 0 Real Property Taxes Paid: $6,740.00
Jobs Retained: 29 Real Property Taxes Forgone: $19,713.00
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $0.00 Personal Prop. Taxes Forgone:
Project Investment
Real Property: $4,313,870.00 Other Tax Incentives: $0.00
Personal Property: $0.00 TIRC Date: 8/24/2017
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $6,740.00 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $19,713.00
Personal Property Taxes Paid: Annual Report Year: 2017
Personal Prop. Taxes Forgone:
Local Corp Income Taxes Paid:

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