Sunday, October 24, 2010

Cincinnati-area firms win Ohio incentives - South Florida Business Journal:

http://www.kdaviesnz.com/2009/04/
, a maker of marketinfg simulation andplanning software, received $1.1 million from the Innovation Ohio Loan Fund, at an annua l interest rate of 1 percent for the first year and 8 percen t for five years. The Cincinnati-based company will use the loan to develo a new generation of its Emerging Marketplacs software and buycomputer equipment. The $2.2 millioh project is expected to create 36 jobs and retain 10 Two local firms also received Job Creation Tax Creditas forexpansion projects. • , a suppliedr of labeling systems for the beverage was awarded a 45 percent tax credit for five yearsw fora $1 million expansion project in Mason.
The companyy expects to use the credit, worth abouyt $52,700 over its term, to create 25 jobs and retainb 118. • won a 45 percent job credit, for a six-yeae term, for a $170,000 expansion projec at its regional office The credit is value atabout $119,750 over its Advantage expects to creatwe 33 positions and retain 65. The company, headquarteredf in Spokane, Wash., provides energy managemenft consulting services.

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