Business Services |
Tax Incentives
FT Precision, Inc.
Agreement #
072-10-01
Zone
072
Agreement Information
Community:
WAYNE (TOWNSHIP OF)
ODOD Status:
Active
County:
KNOX
Agrmt Date:
9/9/2010
Local School District:
Amend. Date:
Nature of Business:
manufacturing
Expiration Date:
12/31/2029
School Comp Agreement:
Yes
Revenue Sharing:
No
Estimated Annual School Compensation
15339.0000
SIC Code:
3714
Real Property
Acquisition
Improvements
New Construction
Total
Investments
$0.00
$0.00
$6,000,000.00
$6,000,000.00
Exemptions
$0.00
$6,000,000.00
$6,000,000.00
Personal Property
M & E
F & F
Inventory
Total
Investments
$0.00
$0.00
$0.00
$0.00
Exemptions
$0.00
$0.00
$0.00
$0.00
Incentives
Variable Rate
Rate
Term
Real
No
$100.00
%
15
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:
241
Number
Payroll
Employment in Ohio:
241
Retained
241
$0.00
Fulltime Permanent
60
$1,435,324.80
Fulltime Temporary
0
$0.00
Parttime Permanent
0
$0.00
Parttime Temporary
0
$417,280.50
Job Creation Period:
36
months
Performance/Compliance
Agreement Status is:
Active
Total full time equivalents at Site:
304
Cumulative Taxes
Jobs Created:
63
Real Property Taxes Paid:
$820,136.72
Jobs Retained:
241
Real Property Taxes Forgone:
$404,931.30
Total FTE in Ohio:
$304.00
Personal Property Taxes Paid:
$0.00
New Payroll:
$3,142,072.41
Personal Prop. Taxes Forgone:
$0.00
Project Investment
Local Corp Income Taxes Paid:
Real Property:
$5,038,190.00
Other Tax Incentives:
$0.00
Personal Property:
$0.00
TIRC Date:
7/25/2017
Previous Year Taxes
TIRC Recommendation:
CONTINUE
Real Property Taxes Paid:
$225,558.00
Local Gov't. Action/Status:
CONTINUE
Real Property Taxes Forgone:
$101,155.00
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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