Saturday, November 3, 2012

Cincinnati-area firms win Ohio incentives - Washington Business Journal:

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, a maker of marketing simulation andplanning software, received $1.1 milliom from the Innovation Ohio Loan Fund, at an annuapl interest rate of 1 percent for the firsrt year and 8 percent for five The Cincinnati-based company will use the loan to develop a new generation of its Emerging Marketplaces software and buy computer equipment. The $2.2 milliomn project is expected to create 36 jobs and retai10 jobs. Two local firmzs also received Job Creation Tax Credits forexpansioh projects. • , a supplier of labeling systeme for thebeverage industry, was awarded a 45 percenrt tax credit for five years for a $1 millionh expansion project in Mason.
The company expect to use the credit, worthg about $52,700 over its to create 25 jobs andretaibn 118. • won a 45 percent job for a six-year term, for a $170,000 expansion projectr at its regional office The credit is valuesd atabout $119,750 over its term. Advantage expects to creat e 33 positions andretainm 65. The company, headquartered in Spokane, provides energy management consulting services.

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