Waverly Rural King Expected to Create New Jobs | Community


WAVERLY – Announced by Gov. Mike DeWine and Lt. Gov. Jon Husted on Monday, Waverly’s Rural King Supply is expected to create new jobs and new wages.

According to the governor’s office, the company is expected to create 200 full-time positions, generate $ 7.7 million in new annual payroll and retain $ 21.7 million in existing payroll.

The Ohio Tax Credit Authority, which has reviewed economic development proposals presented to the board by JobsOhio and its regional partners, approved a seven-year 1.278% job creation tax credit for the project.

Collectively, the projects are expected to generate more than $ 108 million in new wages and stimulate more than $ 162 million in investment in Ohio.

Projects approved by the ATT include:

Barkbox Inc. (BARK), Columbus (Franklin Co.), plans to create 500 full-time positions, generating $ 23.5 million in new annual payroll and retaining $ 11.9 million in existing payroll through the project. expansion of the company in Columbus. BARK is a monthly subscription service providing dog products, services and experiences. The TCA approved a 1.726% 10-year job creation tax credit for this project.

lululemon USA Inc., Columbus (Franklin Co.), plans to create 150 full-time positions, generating $ 6.9 million in new annual payroll and retaining $ 9.7 million in existing payroll through the proposed expansion of the business to Columbus. lululemon is a sportswear retailer, including performance shirts, shorts and pants, as well as lifestyle clothing and yoga accessories. The TCA approved a 1.454% eight-year job creation tax credit for this project.

NetJets Inc., Columbus (Franklin Co.), plans to create 154 full-time positions, generating $ 12.8 million in new annual payroll and retaining $ 126.2 million in existing payroll through the expansion project of the company in Columbus. NetJets is a private air transportation service that offers a variety of customizable solutions, including aircraft timeshare, rental, and hourly access pricing. The TCA approved a 2.068% nine-year job creation tax credit for this project.

Vargo Inc., Dublin (Franklin Co.), plans to create 24 full-time positions, generating $ 2.5 million in new annual payroll and retaining $ 6.6 million in existing payroll through the expansion project of the company in Dublin. Vargo provides warehouse fulfillment software (WES) and e-commerce fulfillment solutions in the material handling industry. The TCA approved a 1.636% seven-year job creation tax credit for this project.

Park Place Technologies, Mayfield Heights (Cuyahoga Co.), plans to create 150 full-time positions, generating $ 7.5 million in new annual payroll and retaining $ 30.1 million in existing payroll through the project. expansion of the company to Mayfield Heights. Park Place Technologies is a third-party maintenance and managed services provider. The TCA approved a 1.631% eight-year job creation tax credit for this project.

Apackaging Group LLC (APG), Defiance (Defiance Co.), plans to create 135 full-time positions, generating $ 6.5 million in new annual payroll as a result of the company’s new project at Defiance. APG is a packaging company with factories in the United States and Asia. The TCA approved a 1.438% eight-year job creation tax credit for this project.

Engineered Profiles LLC, Hamilton Township (Lawrence Co.), plans to create 55 full-time positions, generating $ 2.3 million in new annual payroll as a result of the company’s new project in Hamilton Township. Engineered Profiles manufactures extruded plastic products for construction materials, transportation, medical devices and other industries. The TCA has approved a 1.131% six-year job creation tax credit for this project.

Ridge Corporation (Ridge Corp.), Cass Township (Muskingum Co.), plans to create 85 full-time positions, generating $ 3.9 million in new annual payroll and retaining $ 3.9 million in existing payroll through to the company’s expansion project in the canton of Cass. . Ridge Corp manufactures advanced composites, specializing in tough, lightweight, continuous glass reinforced thermoplastic laminates used to fabricate parts for truck, trailer, boat and RV products, as well as structural panels. The TCA approved a 1.288% seven-year job creation tax credit for this project.

Creative Foam Corporation, Vandalia (Montgomery Co.), plans to create 110 full-time positions, generating $ 4 million in new annual payroll and retaining $ 5.7 million in existing payroll through the planned expansion of the l company in Vandalia. Creative Foam Corporation is an OEM that manufactures sound and vibration isolation parts for gasoline and electric vehicles. The TCA has approved a 1.173% seven-year job creation tax credit for this project.

Gabriel Brothers Inc. (Gabe’s), Springfield (Clark Co.), plans to create 833 full-time positions, generating $ 27.8 million in new annual payroll as a result of the company’s new project in Springfield. Gabe’s is a chain of discount department stores offering designer clothing and footwear, home decor items, kitchenware, work equipment, pet supplies, and other consumer goods. The TCA has approved a 10-year job creation tax credit of 1.488% for this project.

HumanIT Solutions LLC, Beavercreek (Greene Co.), plans to create 30 full-time positions, generating $ 3 million in new annual payroll and retaining $ 2.9 million in existing payroll through the planned expansion of the ‘business in Beavercreek. HumanIT provides cloud technology, cybersecurity, data solutions, and infrastructure solutions to governments, defense, and commercial customers across the United States. The TCA approved a 1.695% seven-year job creation tax credit for this project.


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