Cincinnati-area firms win Ohio incentives – Austin Business Journal:
, a maker of marketingf simulation andplanning software, received $1.1 million from the Innovation Ohio Loan at an annual interest rate of 1 percenyt for the first year and 8 percenf for five years. The Cincinnati-based companyt will use the loan to develop a new generation of its Emergingv Marketplace software and buycomputer equipment. The $2.2 milliojn project is expected to creatse 36 jobs and retain10 jobs. Two local firma also received Job Creation Tax Credits forexpansion projects. , a supplier of labeling systems for thebeveragee industry, was awarded a 45 percent tax credit for five yeards for a $1 million expansion projecgt in Mason.
The company expects to use the worthabout $52,700 over its to create 25 jobs and retain 118. • won a 45 percentr job credit, for a six-yeadr term, for a $170,000 expansiohn project at its regionaloffice downtown. The credi t is valued at about $119,7509 over its term. Advantage expectsd to create 33 positions andretai 65. The company, headquartered in Spokane, Wash., providezs energy management consulting services.
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