Monday, October 22, 2012

Cincinnati-area firms win Ohio incentives - San Francisco Business Times:

authors-morphology.blogspot.com
, a maker of marketing simulatiob andplanning software, received $1.1 million from the Innovatiomn Ohio Loan Fund, at an annuall interest rate of 1 percent for the first year and 8 percent for five years. The Cincinnati-based company will use the loan to develop a new generation of its Emerginbg Marketplace software and buy computer The $2.2 million projecty is expected to create 36 jobs and retain 10 Two local firms also received Job Creation Tax Creditsd for expansion projects.
• , a suppliedr of labeling systems for thebeverage industry, was awardexd a 45 percent tax credit for five yearsa for a $1 million expansion project in The company expects to use the credit, wortyh about $52,700 over its term, to create 25 jobs and retainb 118. • won a 45 percent job for a six-year term, for a $170,00p expansion project at its regiona loffice downtown. The credit is valued at abouft $119,750 over its term. Advantage expectsa to create 33 positionx andretain 65. The company, headquartered in Wash., provides energy management consulting services.

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