State aims to create $185M in investments, 1K jobs

in Business/Economy/Local News

COLUMBUS, Ohio (WDTN) — Governor DeWine and Lt. Governor Jon Husted have announced the approval of assistance for six projects set to create 1,281 new jobs and retain 747 jobs statewide.

Collectively, the projects are expected to result in more than $91.7 million in new payroll and spur more than $185 million in investments across Ohio, according to the Ohio Tax Credit Authority.

Projects approved by the TCA include:

Boston Retail Products Inc. expects to create 45 full-time positions, generating $2.25 million in new annual payroll and retaining $1.2 million in existing payroll, as a result of the company’s new project in Ravenna. Boston Group designs and manufactures custom metal and plastic retail displays, fixtures, and display protection items for retail stores, hospitals, and pharmacies. The TCA approved a 1.232%, six-year Job Creation Tax Credit for this project.

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