Governor DeWine, Lt. Governor Husted Announce New Projects Expected to Create More Than 900 Jobs, $58?Million in Payroll?

During its monthly meeting, the Ohio Tax Credit Authority (TCA) reviewed economic development proposals brought to the board by JobsOhio and its regional partners. Collectively, the projects are expected to result in more than $58 million in new payroll and spur more than $175 million in investments across Ohio.??

Projects approved by the TCA include:?

NORTHWEST?

Sheetz Distribution Services, LLC (Hancock County) expects to create 750 full-time positions, generating $43.5 million in new annual payroll, as a result of the construction of a new state-of-the-art distribution center in Findlay. The Sheetz distribution center will serve its Midwest locations with food production and distribution. The company operates more than 685 stores in six states, including Ohio. The TCA approved a 1.996%, 10-year Job Creation Tax Credit for this project.?

NORTHEAST?

Haydon Corporation (Summit County) expects to create 105 full-time positions, generating $6.6 million in new annual payroll, as a result of the company?s new location in the city of Stow. Haydon manufactures framing and baseboards systems such as metal framing, rooftop support and baseboard heating and provides services to a variety of industries including electrical, mechanical, HVAC, and commercial construction. The TCA approved a 1.514%, eight-year Job Creation Tax Credit for this project.

Employers Health Purchasing Corporation (Stark County) expects to create 23 full-time positions, generating $2.7 million in new annual payroll and retaining $5.3 million in existing payroll, as a result of the company?s expansion project in the city of Canton. Employers Health is a mid-tier group purchasing company with a diverse portfolio including manufacturers, professional service, education and health care firms, utilities, and union organizations. The TCA approved a 1.696%, seven-year Job Creation Tax Credit for this project.?

SOUTHWEST?

Element Materials Technology Group (Hamilton County, Butler County) expects to create 65 full-time positions, generating more than $5.6 million in new annual payroll, and retaining $14.7 million in existing payroll, as a result of the company?s new location in the cities of Blue Ash and Fairfield. Element Materials Technology provides testing, inspection, and certification services on products or services in aerospace, medical, automotive, and additional industries. The TCA approved a 1.653%, eight-year Job Creation Tax Credit for this project.??