Ohio Governor Mike DeWine and Lt. Governor Jon Husted today announced the approval of assistance for nine projects set to create 982 new jobs and retain 1,640 jobs statewide. During its monthly meeting, the Ohio Tax Credit Authority (TCA) reviewed economic development proposals brought to the board by JobsOhio and its regional partners. Collectively, the projects are expected to result in more than $64.9 million in new payroll and spur more than $76 million in investments across Ohio. Projects approved by the TCA include:
adiance Technologies Inc., Beavercreek, expects to create 100 full-time positions, generating $10.3 million in new annual payroll and retaining $27.9 million in existing payroll as a result of the company’s expansion project in Beavercreek. Radiance Technologies provides engineering, technology, and prototype development, integration, and operational support for the DoD, armed services, intelligence community, and government. The TCA approved a 2.142 percent, nine-year Job Creation Tax Credit for this project.
Posted March 20, 2022