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*FOR IMMEDIATE RELEASE:*
May 20, 2024




*MEDIA CONTACTS:
*Mason Waldvogel, Dept. of Development [email protected]






Governor DeWine Announces Three State Projects Set to Create $180 Million in Investments 

(COLUMBUS, Ohio)— Ohio Governor Mike DeWine and Lt. Governor Jon Husted today announced the approval of three projects that will create 345 new jobs and retain 77 jobs statewide.  

During its monthly meeting, the Ohio Tax Credit Authority (TCA) reviewed economic development proposals brought to the board by JobsOhio and its regional partners. The projects are expected to result in more than $20 million in new payroll and spur $180 million in investments across Ohio.  

*NORTHEAST* 

*Risk International Services, LLC, city of Fairlawn (Summit County) and city of Dublin (Franklin County), *expects to create 45 full-time positions, generating more than $4.4 million in new annual payroll, as a result of the company’s expansion project in Fairlawn and Dublin. Risk International Services provides risk management, claims mitigations, loss prevention, claims recovery, and insurance archaeology services. The proposed project includes the hiring of additional skilled employees to grow their benefits consultancy division. TCA approved a 1.515 percent, eight-year Job Creation Tax Credit for this project.   

*SOUTHWEST* 

*Divert, Inc., Harrison Township (Hamilton County), *expects to create 50 full-time positions, generating more than $3.6 million in new annual payroll, as a result of the company’s new location in Harrison Township. Divert specializes in removing carbon from the food chain by using proprietary software and data analytics to minimize food waste and converting food waste that cannot be avoided into renewable natural gas. The proposed project includes the construction of a new plant that will process food waste. TCA approved a 1.455 percent, seven-year Job Creation Tax Credit for this project.   

*WEST* 

*Shearer’s Foods, LLC, city of Moraine (Montgomery County), *could create 250 full-time positions, generating more than $11.9 million in new annual payroll, as a result of the company’s new location in Moraine. Shearer’s Food is a manufacturing company specializing in producing potato, tortilla, and whole grain chips, as well as pretzels, puffs, curls, and other snacks. The proposed project includes acquiring a new facility to increase production capacity to support a co-packing product line and increased customer demands. TCA approved a 1.449 percent, eight-year Job Creation Tax Credit for this project.   

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