Plans by digital company Coupons.com Inc. to expand its business in Deerfield Twp. in Warren County were approved for tax credits Monday. The tax credits are meant to encourage the project to move forward. To actually receive the credits, the company has to choose the Ohio location for the project, move forward with the expansion and create the number of jobs it committed to.
If Coupons.com chooses to expand in Warren County, company officials anticipate creating 22 full-time positions, generating $1.5 million in additional annual payroll and retaining $3.4 million in existing payroll, according to the state.
The Ohio Tax Credit Authority, a governmental advisory board whose five members consist of governor-appointed state government leaders and private economic development professionals, approved Monday a 40 percent, five-year Job Creation Tax Credit for the Coupons.com proposal.
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