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Ohio Steel Company Negotiating Tax Credits, Energy Rates & Unions to Expand

Ohio Steel Company Negotiating Tax Credits, Energy Rates & Unions to Expand
February 22
00:00 2013

FEATURE

Ohio Star Forge is likely to expand, aided by tax incentives and a state training grant, instead of the steelmaker moving to Japan.

The Ohio Tax Credit Authority approved $107,483 in “job creation tax credits” for the Warren, OH-based steel manufacturer, WKBN News reported.

The Ohio Development Services Agency and JobsOhio are providing the 40%, six-year tax credits. The state also is providing a $30,000 workforce training grant.

For the full story on the Ohio Star Forge expansion, FIN Subscribers can click here.

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