State gives tax credits to 14 companies for hoped-for job creation

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Ohio Gov. Mike DeWine announced Monday 14 projects that will receive tax credits, which promise to create 1,202 new jobs and retain 2,978 jobs statewide.

Ohio Gov. Mike DeWine speaks to reporters at the Ohio Supreme Court on Tuesday, Feb. 27, 2024. COLUMBUS, Ohio -

The Ohio Tax Credit Authority reviewed the proposals brought by JobsOhio, the state’s economic developer that uses bonds from liquor revenues to entice companies to Ohio, and its regional partners. The projects are expected to result in more than $82 million in new payroll and spur more than $283 million in investments across Ohio, a statement from DeWine and Lt. Gov. Jon Husted said.expects to create 60 full-time equivalent positions and more than $3.9 million in new annual payroll, with the company’s expansion project in Brecksville and Cleveland.

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