31 mars, 2005

Sun Chemical awaiting incentives offer from city

Sun Chemical awaiting incentives offer from city: Sun Chemical "The unit of Japanese-owned Dainippon Ink and Chemical Inc.,"
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he unit of Japanese-owned Dainippon Ink and Chemical Inc., which employs about 700 in Cincinnati, on Monday received a five-year tax credit valued at $1.03 million from the state of Ohio for the expansion project, which was disclosed earlier this month.
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The Ohio Job Creation Tax Credit Authority also approved incentives for two other area job expansions:

Cincinnati Financial Corp. was awarded a 10-year tax credit valued at more than $3.9 million for the $100 million, seven-story office tower it is adding at its Fairfield headquarters. The project is expected to add 500 jobs.

Rite Track Equipment Services Inc. in West Chester has received a five-year tax credit valued at $109,722 for a $2 million expansion that will add 30 jobs over three years.
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