Friday, November 27, 2015
Current Weather
Loading Current Weather....
Published: Monday, 1/27/2014 - Updated: 1 year ago


N. Baltimore firm gets tax break for 56 jobs


COLUMBUS — Continental Structural Plastics Inc. received approval Monday for a six-year, 50 percent state job-creation tax credit, committing to create 56 jobs worth $1.5 million in new payroll at its North Baltimore plant.

CSP also agreed to retain 103 jobs worth $3.9 million in the deal approved by the Ohio Tax Credit Authority.

John Recker, of the Regional Growth Partnership in Toledo, told the panel that CSP was down to six employees in 2009, during the depths of the recession. But with a contract to produce fiberglass hoods and fenders for the Ford F-650 truck, the company plans to invest $2.9 million in the facility.

Indiana was reportedly competing for the project. The company had more than 500 employees during its peak in the 1990s.

Recommended for You

Guidelines: Please keep your comments smart and civil. Don't attack other readers personally, and keep your language decent. If a comment violates these standards or our privacy statement or visitor's agreement, click the "X" in the upper right corner of the comment box to report abuse. To post comments, you must be a Facebook member. To find out more, please visit the FAQ.

Related stories