Wednesday, May 11, 2011

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

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, a maker of marketing simulationb andplanning software, received $1.1 million from the Innovation Ohio Loan at an annual interest rate of 1 percent for the firsyt year and 8 percent for five The Cincinnati-based company will use the loan to developo a new generation of its Emerging Marketplacwe software and buy computer equipment. The $2.2 million project is expected to create 36 jobs and retaim10 jobs. Two local firms also receives Job Creation Tax Creditws forexpansion projects. • , a supplier of labelinfg systems for thebeverage industry, was awardeed a 45 percent tax credit for five year s for a $1 million expansion projecyt in Mason.
The company expects to use the credit, worty about $52,700 over its term, to creatse 25 jobs and retain 118. • won a 45 percent job credit, for a six-year term, for a $170,00o expansion project at its regionaloffics downtown. The credit is valueds at about $119,750 over its term. Advantage expects to created 33 positions andretain 65. The headquartered in Spokane, Wash., provides energyy management consulting services.

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