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Ohio gives breaks to 13 firms to create 1,417 jobs

March 26, 2013  |  E Technologies Group creates 27 new full-time jobs
E Technologies Group

Erin Fischesser, Digital Producer- Business Courier

The Ohio Tax Credit Authority approved assistance for 13 projects across the state that are expected to create 1,417 jobs and spur $86 million in investment.

Seven of the projects are located in Hamilton, Butler and Clinton counties. Here's a breakdown of local projects:

Avure Technologies Inc. in Middletown expects to create 30 full-time positions to generate $1.9 million in additional annual payroll at the company’s new location. Avure received a 40 percent, six-year Job Creation Tax Credit for its design, manufacturing and installation of high-pressure machinery.

Control Concepts and Design Inc. dba E-Technologies Group in West Chester Township plans to create 27 full-time positions for $2.3 million in additional payroll and retain $8 million in existing payroll through its expansion. The engineering and information technology services provider will receive a 45 percent, five-year tax credit.

A 45 percent, six-year Job Creation Tax Credit was approved for Custom Molded Products LLC dba NB Allen Ltd., a manufacturing firm that creates emergency, dental, automotive and home sundry items in Wilmington. The company plans to create 40 full-time positions generating $1.2 million in additional annual payroll and retaining $4 million in existing payroll as it expands.

A 50 percent, seven-year tax credit was approved for DealerTrack Inc., a contract scanning and vehicle title administration company also located in Wilmington. The company plans to create 213 full-time positions generating $6 million in additional payroll and retaining $1.4 million in existing payroll.

Emery Oleochemicals LLC in St. Bernard plans to create 35 full-time positions generating $2.7 million in additional payroll and retaining $21 million in existing payroll in its expansion. The natural-based chemical producer will receive a 45 percent, five-year job tax credit.

The plan for creation of 100 full-time positions generating $5.3 million in additional annual payroll and retaining $3.4 million in existing payroll at Epipheo Inc. in Cincinnati has been approved for a 50 percent, six-year tax credit. The Internet video studio provides online marketing videos.

Praxair Distribution Inc. in Wilmington will receive a 40 percent, six-year tax credit to create 25 full-time positions generating $1.1 million in additional payroll as the result of its new location project. Praxair produces and distributes high-pressure atmospheric and industrial gases for industrial and medical uses.