Tax Credit For Greenville Company Creates 100 Jobs
Posted: 12:19 pm EDT May 27, 2009Updated: 12:39 pm EDT May 27, 2009
GREENVILLE, Ohio -- Ohio Gov. Ted Strickland and Lisa Patt-McDaniel, Interim Director of the Ohio Department of Development announced on Wednesday that the Ohio Tax Credit Authorities has approved a job creation tax credit for a Greenville business.LAH Development, LCC has been awarded a 50 percent job creation tax credit for a six-year term in support of the company’s new location in Greenville.The value of the tax credit is estimated at $390,882 over the term, and the company would be required to maintain operations at the project site for 12 years.LAH traditionally has been involved in engineering, site development, construction of concrete and steel building fabrication, and is currently transitioning its resources to engineering, manufacturing and installation of wind turbine assemblies on wind farm sites.This more than $1 million project is expected to create 100 positions.“Our state’s central location, strengths in logistics, and collection of diverse industries are complimented by Ohio’s highly skilled workforce,” said Patt-McDaniel.“Businesses continue to discover the benefits of locating in our state, from Ohio’s robust supply chain to our growing renewable energy technologies.”
Copyright 2009 by WHIOTV.com. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.















2009 Holiday Guide
Going Green
Community
The 4 Keys To Women’s Health
Pets
Buy It For Half
Storm Center 7 For Kids
Check Out The Top 10 Home Updates
Savor Dayton!


