Companies seeking tax breaks promise to create 4,000 new jobs in Ohio

Companies approved for tax breaks Monday in exchange for creating new jobs and expanding in Ohio are promising to create a total 3,977 new jobs statewide over the next three years or so — the most new jobs promised and approved for tax incentives in a single meeting over the last decade, according to state government agencies.

The Ohio Tax Credit Authority reviewed and approved tax credits for business proposals that are expected to result in more than $136 million in new payroll, and spur nearly $300 million in capital investment across Ohio, according to Gov. Kasich’s office.

Here’s a sample of the business projects in the pipeline:

• One of the growing companies approved for tax credits Monday is Amazon, which plans to create 2,000 new jobs in Ohio, the single largest announcement for new job creation statewide in more than a decade, according to Ohio Development Services Agency. Online retailer Amazon.com Inc. is developing facilities in Ohio for Amazon Web Services, its cloud storage business, as well as fulfillment centers to support its other businesses, according to JobsOhio, the state's privatized economic development group. Amazon's Ohio expansion plans were first announced in May.

• Another significant job creator on Monday's list is Barclays Services LLC, a credit card company that has selected Southwest Ohio to open a new call center that will create approximately 1,500 new jobs, according to REDI Cincinnati, a regional economic development agency that partners with JobsOhio.

Barclays is in lease negotiations on a site now, said Kimm Coyner, managing director of projects and JobsOhio for REDI Cincinnati. Therefore, the final location has yet to be named.

Assuming everything moves forward, Barclays could actually create more jobs than the General Electric's U.S. Global Operations Center opening in downtown Cincinnati. When that project was announced in April 2014, JobsOhio officials said it was Ohio's biggest job-creating announcement in a decade at the time. GE has promised to bring 1,400 new jobs in Ohio, although a total approximately 2,000 people will work at the center including relocations.

The shared services center is set to open in late 2016 or early 2017. Hiring has already begun, and GE opened last year a temporary space during construction.

Even though Barclays has more jobs tied to it, GE still carries a higher payroll, Coyner said.

“We are definitely having a banner year,” she said.

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