Thursday, November 15, 2012

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

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, a maker of marketing simulation andplannint software, received $1.1 million from the Innovation Ohio Loan at an annual interest rate of 1 percenft for the first year and 8 percenft for five years. The Cincinnati-basede company will use the loan to developp a new generation of its Emerging Marketplace software and buycomputeer equipment. The $2.2 million project is expectedx to create 36 jobs and retainm10 jobs. Two local firms also receives Job Creation Tax Credits forexpansion projects.
, a supplier of labelinf systems for thebeverage industry, was awarded a 45 percengt tax credit for five years for a $1 million expansion project in The company expects to use the credit, wortn about $52,700 over its term, to creates 25 jobs and retain 118. won a 45 percent job credit, for a six-yearf term, for a $170,000 expansion projecft at its regionaloffic downtown. The credit is valuedc at about $119,750 over its term. Advantage expects to create 33 positionsz andretain 65. The company, headquartered in Wash., provides energy management consulting services.

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