Loading…
Saturday, August 23, 2014
Current Weather
Loading Current Weather....
Published: Tuesday, 4/27/2010

State agencies OK aid to create, retain jobs

The Ohio Tax Credit Authority yesterday approved a tax credit for a Henry County project expected to create 33 jobs and retain 28, while the state Development Financing Advisory Council awarded a loan and other assistance to a project in Huron County to create 25 jobs and retain 134.

The tax credit agency approved a six-year, 45 percent job creation tax credit valued at $116,134 for Railtech Boutet Inc., in Liberty Township. The company makes maintenance equipment for railroads and transit systems.

The development financing council awarded a $2 million direct loan and more than $6.3 million from the Ohio Enterprise Bond Fund to NH Acquisition Corp. to build and install a second English muffin production line, an $8.32 million project.



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.






Poll