Saturday, March 10, 2012

Cincinnati-area firms win Ohio incentives - Houston Business Journal:

awipekyhila.blogspot.com
, a maker of marketinyg simulation andplanning software, receivef $1.1 million from the Innovationm Ohio Loan Fund, at an annuall interest rate of 1 percent for the first year and 8 percentt for five years. The Cincinnati-based company will use the loan to develo p a new generation of its Emerging Marketplacwe software and buycomputer equipment. The $2.2 millionj project is expected to creates 36 jobs and retainm10 jobs. Two local firms also received Job Creatiohn Tax Credits forexpansion • , a supplier of labeling systems for the beverage was awarded a 45 percent tax crediyt for five years for a $1 million expansion projec t in Mason.
The company expects to use the worthabout $52,700 over its term, to createw 25 jobs and retaihn 118. • won a 45 percenrt job credit, for a six-year term, for a $170,00p0 expansion project at its regional office The credit is valued atabout $119,75 over its term. Advantage expects to create 33 positions andretaim 65. The company, headquartered in Wash., provides energy management consulting

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