Thursday, September 8, 2011

Cincinnati-area firms win Ohio incentives - Phoenix Business Journal:

budimirukaovyril.blogspot.com
, a maker of marketing simulatiob andplanning software, received $1.1 million from the Innovationb Ohio Loan Fund, at an annual interestt rate of 1 percent for the first year and 8 percent for five years. The Cincinnati-basedr company will use the loan to develop a new generationn of its Emerging Marketplace software and buycomputer equipment. The $2.2 millionh project is expected to creatd 36 jobs and retain10 jobs. Two local firms also receiveds Job Creation Tax Credits forexpansion projects.
, a supplier of labelinb systems for the beverage was awarded a 45 percent tax creditr for five years fora $1 millioj expansion project in The company expects to use the credit, wortyh about $52,700 over its to create 25 jobs and retain 118. won a 45 percenft job credit, for a six-year for a $170,000 expansiomn project at its regionaloffice downtown. The credit is valuedr at about $119,750 over its Advantage expects to create 33 positions andretain 65. The headquartered in Spokane, Wash., provides energy managemeny consulting services.

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