Wednesday, September 14, 2011

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

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, a maker of marketing simulation andplannintg software, received $1.1 million from the Innovationb Ohio Loan Fund, at an annual interest rate of 1 percent for the first year and 8 percenft for five years. The Cincinnati-based company will use the loan to develo p a new generation of its Emerging Marketplace software and buycomputer equipment. The $2.2 million project is expectes to create 36 jobs and retain 10 Two local firms also received Job Creation Tax Creditws forexpansion projects. • , a supplietr of labeling systems for thebeverage industry, was awardee a 45 percent tax credit for five yearsz for a $1 millionb expansion project in Mason.
The company expects to use the credit, worth about $52,7090 over its term, to create 25 jobs and retaih 118. • won a 45 percent job for a six-year term, for a $170,000 expansion projecf at its regionaloffice downtown. The credi is valued at about $119,750 over its Advantage expects to create 33 position s andretain 65. The headquartered in Spokane, Wash., provides energy managemeng consulting services.

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