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Article: JOB CREATION AND RETENTION TAX CREDITS APPROVED FOR BUSINESS EXPANSION
- Article from:
- US Fed News Service, Including US State News
- Article date:
- December 3, 2007
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The Ohio Department of Development issued the following news release:
Lieutenant Governor Lee Fisher today announced that the Ohio Tax Credit Authority has approved Job Creation and Retention Tax Credits for businesses involved in location or expansion projects that, if located in Ohio, are expected to contribute more than $1 billion to Ohio's economy, create 2,588 jobs, and retain 5,355 positions for Ohioans.
"These 21 projects could bring investments of more than $1 billion to communities in all regions of our State," said Lt. Governor Fisher, who also serves as Director of the Ohio Department of Development. "These business expansion projects have great potential to significantly benefit ...