A week ago, just after announcing what Ohio leaders are calling the biggest economic development deal in the state’s history, Lieutenant Governor Jon Husted wouldn’t say much about the incentive package that lured Intel to Ohio.
The following article was originally published in the Ohio Capital Journal and published on News5Cleveland.com under a content-sharing agreement. The only information he shared at the time was $1.2 billion in infrastructure spending, but he insisted details were forthcoming.
“This administration is committed to an open and transparent process, but,” she emphasized, “it will be a process, given the scale of what we are undertaking.” Under the terms, Intel will receive $600 million in performance-based grants to defray the cost of building its facilities. Mihalik, former mayor of Findlay, explained she was most excited about another $691 million in local infrastructure improvements for roadwork, wastewater and water reclamation upgrades. Lastly the state will offer Intel an expanded job creation tax credit, established as part of the most recent state budget.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Ohio promised Intel more than $2 billion in state incentives to land computer-chip megaprojectThat’s likely the largest economic incentive package in Ohio history, Mihalik said, and it doesn’t include $150 million from JobsOhio, the state’s economic development non-profit, as well as millions more in local-government money.
Les mer »
Video: Ohio State Assistant Coach Ryan Pedon Previews Top-20 Matchup Between Buckeyes And BoilermakersRyan Pedon says Jamari Wheeler will be a game-time decision on Sunday, and that Ohio State 'better be prepared for battle and for war' against Purdue.
Les mer »
As Kyle Young looks more like himself, so do the Ohio State BuckeyesKyle Young's strong performance at Minnesota was the biggest indicator yet that the fifth-year senior is regaining his pre-layoff form.
Les mer »
Basketball Preview: Ohio State Faces Sixth-Ranked Purdue on the RoadOhio State and Purdue meet at Mackey Arena, where the Boilermakers have lost just once this season, for a noon tip on Sunday.
Les mer »
Dublin Coffman QB Mason Maggs commits to Ohio State as walk-onOhio State adds an arm to its quarterback room with the addition of walk-on Mason Maggs from Dublin Coffman.
Les mer »