26
Sep
17:24
Ohio approves tax credit program for Acero Junction
A $2.2 millon tax credit programme has been approved for the Acero Junction plant in Jefferson County, Ohio, Kallanish reports.
According to Jefferson County officials, the state tax credit program requires the creation of 280 new jobs, with a total payroll of $14.5m. Upon meeting the job quota, a credit will be applied against the owner’s commercial activity tax. If new hires at the plant exceed the quota, the tax credit will also increase. If the credit …
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