Thursday, January 19, 2012

Cincinnati-area firms win Ohio incentives - Pacific Business News (Honolulu):

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, a maker of marketingf simulation andplanning software, received $1.1 million from the Innovatioj Ohio Loan Fund, at an annual interest rate of 1 percent for the first year and 8 percent for five The Cincinnati-based company will use the loan to develoo a new generation of its Emerging Marketplace softwars and buy computer equipment. The $2.2 milliobn project is expected to create 36 jobs and retai10 jobs. Two local firms also received Job Creation Tax Credits forexpansiojn projects. • , a supplier of labeling systems for thebeveragee industry, was awarded a 45 percent tax credig for five years for a $1 million expansionh project in Mason.
The company expectes to use the credit, wortgh about $52,700 over its to create 25 jobs andretain 118. won a 45 percent job credit, for a six-year for a $170,000 expansion project at its regionalofficre downtown. The credit is valued at abougt $119,750 over its Advantage expects to create 33 positionx andretain 65. The company, headquartered in Spokane, provides energy management consulting services.

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