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Tax Incentives
Medline Industries, Inc.
Agreement #
038-10-01
Zone
038
Agreement Information
Community:
CANTON
ODOD Status:
Active
County:
STARK
Agrmt Date:
3/1/2010
Local School District:
Amend. Date:
Nature of Business:
Commercial
Expiration Date:
12/31/2021
School Comp Agreement:
No
Revenue Sharing:
No
Estimated Annual School Compensation
SIC Code:
423450
Real Property
Acquisition
Improvements
New Construction
Total
Investments
$0.00
$0.00
$11,000,000.00
$11,000,000.00
Exemptions
$0.00
$8,250,000.00
$8,250,000.00
Personal Property
M & E
F & F
Inventory
Total
Investments
$1,500,000.00
$0.00
$1,200,000.00
$2,700,000.00
Exemptions
$0.00
$0.00
$0.00
$0.00
Incentives
Variable Rate
Rate
Term
Real
No
$75.00
%
10
yrs
Personal
No
$0.00
%
0
yrs
Relocations
From Out of State:
No
State:
Jobs:
In State:
No
Community:
Jobs:
Waiver Issued by ODOD:
None
Employment
Existing Employment
Job and Payroll Commitments
Employment at site:
0
Number
Payroll
Employment in Ohio:
52
Retained
0
$0.00
Fulltime Permanent
25
$3,510,000.00
Fulltime Temporary
0
$0.00
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:
123
Cumulative Taxes
Jobs Created:
123
Real Property Taxes Paid:
$711,244.00
Jobs Retained:
123
Real Property Taxes Forgone:
$1,889,109.00
Total FTE in Ohio:
$197.00
Personal Property Taxes Paid:
$0.00
New Payroll:
$4,123,990.70
Personal Prop. Taxes Forgone:
$0.00
Project Investment
Local Corp Income Taxes Paid:
Real Property:
$11,474,867.51
Other Tax Incentives:
$0.00
Personal Property:
$7,615,854.22
TIRC Date:
3/20/2017
Previous Year Taxes
TIRC Recommendation:
CONTINUE
Real Property Taxes Paid:
$113,876.88
Local Gov't. Action/Status:
CONTINUE
Real Property Taxes Forgone:
$323,924.78
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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