The Economy & Business
9:30 am
Wed March 27, 2013

Tax Credits Aid Region's Job Creation

Nearly 500 jobs are coming to southwest Ohio. The Ohio Tax Credit Authority approved assistance for projects in the region and As Emily McCord reports, Clinton County is seeing a large share of the funding. 

Three of the companies awarded the tax credits will be in the city of Wilmington. DealerTrack Incorporated expects to create over 200 jobs generating 6 million dollars in payroll. The company specializes in administration support for vehicle titles and contract scanning. Two other companies in the city will bring an additional 65 jobs to the area.

The other Southwest Ohio businesses are in Fairborn and several others in Butler and Hamilton Counties.

The tax credit body reviewed proposals from the economic development nonprofit, JobsOhio, and its regional partners. The Ohio Tax Credit Authority approved assistance for 13 projects statewide. Together the projects are expected to result in more than $57 million in new payroll, and spur about $86 million in investment across across the state.

Tags: