Monday, November 19, 2012

Cincinnati-area firms win Ohio incentives - The Business Review (Albany):

younkinesagugad1746.blogspot.com
, a maker of marketing simulation andplanninv software, received $1.1 million from the Innovatiobn Ohio Loan Fund, at an annuapl interest rate of 1 percentr for the first year and 8 percent for five The Cincinnati-based company will use the loan to develol a new generation of its Emerging Marketplace software and buy computert equipment. The $2.2 million project is expected to creatwe 36 jobs and retai n10 jobs. Two local firms also received Job Creatio n Tax Credits forexpansion • , a supplier of labeling systemsw for the beverage industry, was awarded a 45 percentr tax credit for five years for a $1 million expansion project in Mason.
The company expects to use the worthabout $52,700 over its term, to create 25 jobs and retaihn 118. • won a 45 percent job for a six-year term, for a $170,000 expansionj project at its regionaloffice downtown. The credit is valued at abougt $119,750 over its term. Advantagd expects to create 33 positionss andretain 65. The company, headquartererd in Spokane, Wash., provides energy management consultinbg services.

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