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3. TAX INCENTIVES The Ohio Tax Credit Authority approved a 1.39 percent, 10-year tax credit for the Amazon facility in Monroe that is expected to create $26.7 million in new payroll and be a $30 million fixed-asset investment. The tax credit starts in January. As part of the tax credit agreement, the Ohio Tax Credit Authority says Amazon will have to maintain operations at the Monroe location for at least 13 years.
» RELATED: AN INSIDE LOOK AT ONE OF AMAZON’S OHIO FULFILLMENT CENTERS
4. MONROE PROJECT COMPLETION The expected Amazon project completion date is Dec. 28, 2018, and the "tenant improvement portion" of the project will be completed no later than Feb. 1, 2019.
5. GROWING PRESENCE In Ohio, Amazon has already launched operations at two different fulfillment centers in Etna and Obetz, and also has Prime Now sites in Columbus and Valley View — and more than 6,000 employees in the state. Amazon's intricate network of fulfillment and distribution facilities across the world make it possible for products to be sorted, packed and shipped within minutes.
Amazon will continue to expand in Ohio, adding another fulfillment center — and another 1,000 jobs — in Euclid.
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