News

Findlay Company One of Eight Projects Awarded State Funding

todayMay 9, 2023 359

Background
share close

(COLUMBUS, Ohio)— Ohio Governor Mike DeWine and Lt. Governor Jon Husted Monday announced the approval of assistance for eight projects set to create 663 new jobs and retain 499 jobs statewide.

During its monthly meeting, the Ohio Tax Credit Authority (TCA) reviewed economic development proposals brought to the board by JobsOhio and its regional partners. Collectively, the projects are expected to result in more than $35 million in new payroll and spur more than $185 million in investments across Ohio.

Projects approved by the TCA in our region include:

GVS Filtration Inc., Findlay (Hancock County), expects to create 74 full-time positions, generating more than $4.5 million in new annual payroll and retaining more than $8.3 million in existing payroll, as a result of its expansion project in Findlay. The GVS Group is one of the world’s leading manufacturers of filter solutions for applications in the health care and life sciences, energy and mobility, and health and safety sectors. The TCA approved a 1.425%, seven-year Job Creation Tax Credit for this project.

Written by: WKTN Staff

Rate it