N. Baltimore plant plans more jobs PDF Print E-mail
Written by Sentinel-Tribune Staff   
Thursday, 06 February 2014 10:53
NorthBaltimore_rotator
COLUMBUS – A North Baltimore firms is a recipient of an Ohio Tax Credit Authority Job Creation Tax Credit approved recently.
Continental Structural Plastics Inc. expects to create 56 full-time positions, generating $1.5 million in additional annual payroll and retaining $4 million in existing payroll as a result of the company’s expansion project in the village.
The firm manufactures composite products, using molding to supply structural and paint-ready exterior parts for the auto, heavy truck and HVAC industries. The Tax Credit Authority approved a 50 percent, six-year Job Creation Tax Credit for this project.
Gov. John Kasich said the projects are set to create 1,311 jobs and retain 1,691 jobs statewide. During its monthly meeting, the Tax Credit Authority reviewed economic development proposals brought to the board by JobsOhio and its regional partners.
Collectively, the projects are expected to result in more than $47.7 million in new payroll, and spur nearly $319.6 million in investment across Ohio.
 

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