Kasich Communication Department...
Economic Development efforts help create 1,217 jobs statewide
18 Companies Expected to Expand or Open Operations around Ohio  
May 23, 2012 

COLUMBUS – Gov. John R. Kasich today announced the approval of 18 proposals that are expected to collectively create 1,217 jobs and retain 4,576 jobs.  Through collaboration and communication between the Governor’s Office, JobsOhio and its regional partners, these projects were delivered to the Ohio Tax Credit Authority and approved on Monday. As a result, more than $200 million in capital investment and $49 million in new payroll is expected to be injected into communities across the state. 

Projects approved by the TCA include: 

CareSource Management Group Co. Inc. (Location TBD) expects to create 150 full-time positions, generating $6.3 million in additional annual payroll (and retaining $59.3 in existing payroll) as a result of the company’s expansion project. CareSource is a leading public sector care company and is one of the largest Medicaid managed care plans in Ohio and the country. The Ohio Tax Credit Authority approved a 40 percent, seven-year Job Creation Tax Credit for the project. 

Empire Packing Company (Location TBD) expects to create 200 full-time positions, generating $4.9 million in new annual payroll as a result of the company’s expansion at a new location which is still to-be-determined. Empire Packing is considered an expert in the perishable merchandising industry. The Ohio Tax Credit Authority approved a 50 percent, six-year Job Creation Tax Credit for the project. 

Patented Acquisition Corporation, (Location TBD) expects to create 23 full-time positions, generating $1.2 million in additional annual payroll (and retaining $5.1 million in existing payroll) as a result of the company’s expansion project at a location to-be-determined. Patented Acquisition Corporation’s primary lines of business consist of conventional printing, digital services, and promotional products. Patented Acquisition Corporation is also an award winning graphic communications company. The Ohio Tax Credit Authority approved a 45 percent, six-year Job Creation Tax Credit for the project. 

Western Ohio 

Corbus, LLC, City of Miamisburg (Montgomery Co.) expects to create 58 full-time positions, generating $4 million in additional annual payroll (and retaining $2.7 million in existing payroll) as a result of the company’s expansion project in the City of Miamisburg (Montgomery Co.). Corbus provides information technology, supply chain management, and project management services. The Ohio Tax Credit Authority approved a 50 percent, six-year Job Creation Tax Credit for the project. 

Industry Products Company, City of Piqua (Miami Co.) expects to create 50 full-time positions, generating $1.3 million in additional annual payroll (and retaining $13.2 million in existing payroll) as a result of the company’s expansion project in the City of Piqua (Miami Co.). Industry Products serves the world’s largest automobile manufacturers, providing high-quality tooling, manufacturing, and assembly of cargo and trunk systems, acoustic and water shield solutions, and protective in-transit materials. The Ohio Tax Credit Authority approved a 45 percent, six-year Job Creation Tax Credit for the project. 

Midmark Corporation, Village of Versailles (Darke Co.) expects to retain 761 existing employees and $43.9 million in existing payroll as a result of the company’s retention in the Village of Versailles (Darke Co.). Midmark Corporation provides products and services for the healthcare industry, integrating technology for efficient and effective patient care. The Ohio Tax Credit Authority approved a 20 percent, ten-year Job Retention Tax Credit for the project. 

Central Ohio 

Allied Mineral Products, Inc., City of Columbus (Franklin Co.) expects to create 44 full-time positions, generating $1.8 million in additional annual payroll (and retaining $13 million in existing payroll) as a result of the company’s expansion project in the City of Columbus (Franklin Co.). Allied is known for its work in the foundry, steel, aluminum, copper, and zinc metal markets. The Ohio Tax Credit Authority approved a 45 percent, eight-year Job Creation Tax Credit for the project. 

Autotool, Inc., Jerome Township (Union Co.) expects to create 30 full-time positions, generating $1.3 million in additional annual payroll (and retaining $1.5 million in existing payroll) as a result of the company’s expansion project in Jerome Township (Union Co.). Autotool provides automotive manufacturers and their suppliers with tooling and automation needs. The Ohio Tax Credit Authority approved a 40 percent, six-year Job Creation Tax Credit for the project. 

Discover Financial Services, Inc., City of New Albany (Franklin Co.) expects to create 162 full-time positions, generating $7.4 million in additional annual payroll (and retaining $66.5 million in existing payroll) as a result of the company’s expansion project in the City of New Albany (Franklin Co.). Discover is a banking company which provides an array of services including credit cards, student and personal loans, and deposit products. The Ohio Tax Credit Authority approved a 75 percent, 15-year Job Creation Tax Credit for the project. 

Food Safety Net Services-Ohio, LLC, City of Columbus (Franklin Co.) expects to create 40 full-time positions, generating $1.3 million in new annual payroll as a result of the company’s new location in the City of Columbus (Franklin Co.). Food Safety Net Services provides laboratory testing and consulting services to improve food safety and quality programs for food processors and food industry professionals. The Ohio Tax Credit Authority approved a 45 percent, five-year Job Creation Tax Credit for the project. 

Eastern / Southeastern Ohio 

Hadsell Chemical Processing, LLC, Village of Waverly (Pike Co.) expects to create 35 full-time positions, generating $1 million in additional annual payroll (and retaining $290,000 in existing payroll) as a result of the company’s new location in the Village of Waverly (Pike Co.). Hadsell Chemical Processing provides a production facility for chemical manufacturers looking to introduce new products on a pilot scale into the market. The Ohio Tax Credit Authority approved a 45 percent, seven-year Job Creation Tax Credit for the project. 

Infra-Metals Co., Village of New Boston (Scioto Co.) expects to create 60 full-time positions, generating $1.8 million in new annual payroll as a result of the company’s new location in the Village of New Boston (Scioto Co.). Infra-Metals operates steel service center warehouses that distribute steel products. The Ohio Tax Credit Authority approved a 40 percent, six-year Job Creation Tax Credit for the project. 

Northeast Ohio 

Fathom SEO, LLC, Village of Valley View (Cuyahoga Co.) expects to create 36 full-time positions, generating $1.4 million in additional annual payroll (and retaining $4.4 million in existing payroll) as a result of the company’s expansion project in the Village of Valley View (Cuyahoga Co.). Fathom is a full-service digital agency that helps clients meet business and financial goals. The Ohio Tax Credit Authority approved a 40 percent, six-year Job Creation Tax Credit for the project. 

LayerZero Power Systems, Inc., City of Aurora (Portage Co.) expects to create 39 full-time positions, generating $1.8 million in new annual payroll as a result of the company’s new location in the City of Aurora (Portage Co.). LayerZero Power Systems designs power distribution and power quality monitoring products for data centers and mission-critical operations. The Ohio Tax Credit Authority approved a 45 percent, seven-year Job Creation Tax Credit for the project. 

Maines Paper & Food Service – Cleveland, Inc., Village of Oakwood (Cuyahoga Co.) expects to create 100 full-time positions, generating $4.9 million in new annual payroll as a result of the company’s new location in the Village of Oakwood (Cuyahoga Co.).  Maines Paper and Food Service is a leading independent food service distributor. The Ohio Tax Credit Authority approved a 50 percent, seven-year Job Creation Tax Credit for the project. 

RMI Titanium Corporation dba RTI Alloys, City of Canton (Stark Co.) expects to create 17 full-time positions, generating $680,000 in additional annual payroll (and retaining $2.9 million in existing payroll) as a result of the company’s expansion project in the City of Canton (Stark Co.). The company specializes in advanced titanium in an array of fields including technology, commercial aerospace, energy, and chemical markets. The Ohio Tax Credit Authority approved a 45 percent, six-year Job Creation Tax Credit for the project. 

The RoviSys Company Inc., City of Aurora (Portage Co.) expects to create 80 full-time positions, generating $4.8 million in additional annual payroll (and retaining $13.9 million in existing payroll) as a result of the company’s expansion project in the City of Aurora (Portage Co.). The RoviSys Company provides process automation solutions and services to its clients in various industries in the United States and internationally. The Ohio Tax Credit Authority approved a 50 percent, six-year Job Creation Tax Credit for the project. 

Thogus Products Company, City of Avon Lake (Lorain Co.) expects to create 30 full-time positions, generating $1.6 million in additional annual payroll (and retaining $4.8 million in existing payroll) as a result of the company’s expansion project in the City of Avon Lake (Lorain Co.). The company provides services to plastic molding manufacturers. The Ohio Tax Credit Authority approved a 40 percent, six-year Job Creation Tax Credit for the project.