2015 annual report - ohio development services agency€¦ · ohio development services agency 2015...

2015 Annual Report

The State of Ohio is an Equal Opportunity Employer and Provider of ADA Services.

77 South High Street P.O. Box 1001 Columbus, Ohio 43216-1001 U.S.A.

614 | 466 2480 800 | 848 1300 www.development.ohio.gov

David Goodman, Director

The State of Ohio is an Equal Opportunity Employer and Provider of ADA Services

John R. Kasich, Governor

Governor Kasich, Members of the General Assembly and fellow Ohioans:

In Fiscal Year 2015, Ohios growing economy meant economic progress for local communities and individual Ohioans. The Development Services Agency is proud to be a part of that growth.

The states financial health was hard won; closing the $8 billion budget gap and restoring the reserve to insulate us from any difficult times ahead. Now, as the Rainy Day Fund is at an all-time high, our agency recognizes the importance of continuing to grow, stay abreast of changing economic conditions and always be prepared for what lies ahead.

While focused on the horizon, occasionally checking the rear view mirror ensures we have a full view of the opportunities and partnership opportunities to build a strong future.

Our highest priority is ensuring accountability for taxpayer money invested in future economic growth. For calendar year 2013, with results reported in 2014, there were 255 major incentives which reached their closeout year; when job creation commitments to the state must be attained. Compliance was at an all-time high of 70.6% for all incentives, from a previous high of 63.5% and an average of 59% over the previous 3 years. Companies work hard to meet their commitments and sometimes market forces are beyond their control. The agency can provide resources for guidance but the use of taxpayer money must produce a return on the taxpayers investment. In the three years the Development Services Agency has been in existence, process improvement has become a part of our culture. With independent evaluators we look for better ways to provide the broadest access, ease-of-use and accountability for taxpayer money.

Confidence in Ohios improving economy has led to additional private sector investment in Ohio. Much of this is coming from Ohioans with a great idea, an entrepreneurial spirit and willing to take a risk and start their own business. As the number of small business startups grows in Ohio, the Development Services Agency is increasing the quality of support for these businesses. Ohio small business drives the states economic engine, making up 98% of companies and employing half of the private sector workforce. As the state has virtually eliminated the income tax on these businesses, we urge business owners to reinvest the savings in their enterprise. Small business development centers across the state stand ready with information about how to plan for growth, improve manufacturing processes, reduce utility costs, sell their products in foreign markets, hire another employee and more.

Development Services is working with communities like never before to package incentives in a way that increases private-sector financial participation in a project, identifies projects that can spark additional growth in communities and capitalize on the unique features of individual communities so they can position themselves to attract employers and grow the local economy.

With this 2015 Annual Report, I renew the commitment of our team to improve our services and efficiency and continue to be good stewards of taxpayer resources.

David GoodmanDirector, Development Services Agency

Ohio Development Services Agency 2015 Annual Report

3

Table of Contents

Executive Summary ..................................................................................................................................... 4

Growing Jobs ................................................................................................................................................ 6

Developing Workforce .................................................................................................................................. 7

Encouraging Innovation ............................................................................................................................... 7

Growing Minority Business ......................................................................................................................... 8

Supporting Small Businesses ...................................................................................................................... 9

Record Exports .............................................................................................................................................11

Accessing Capital ........................................................................................................................................ 12

Improving Efficiency ....................................................................................................................................14

Building Strong Communities ................................................................................................................... 15

Revitalizing Neighborhoods ...................................................................................................................... 16

TourismOhio ................................................................................................................................................ 17

Empowering Ohioans ..................................................................................................................................19

Boards and Commisions ............................................................................................................................ 21

Appendix

Appendix 1 Job Creation Tax Credits

Appendix 2 Job Retention Tax Credits

Appendix 3 Data Center Sales Tax Exemptions

Appendix 4 Enterprise Zone Tax Credit

Appendix 5 Ohio Third Frontier

Appendix 6 Local Government Innovation Fund

Appendix 7 Ohio Historic Preservation Tax Credit

Appendix 8 Ohio Jobs Ready Sites Program

Appendix 9 Ohio Housing Trust Fund


4

Executive Summary

It is the mission of the Ohio Development Services Agency (DSA) to support job creation and strengthen communities in Ohio, while ensuring accountability and transparency of taxpayer money and exceptional customer service. In State Fiscal Year 2015 (July 1, 2014 June 30, 2015) the agency focused on four main goals:

Assist JobsOhio and the JobsOhio Regional Network with recruiting employers by providing and monitoring taxpayer supported incentives,

Assist small businesses and entrepreneurs with what they need to grow through business guidance and access to capital,

Assist communities to advance their economic development plans:

Provide seed for ideas which become sustainable in a reasonable time frame

Provide catalyst for additional economic development

Encourage unique, authentic and appealing lifestyle which attracts employers, and

Help low-income Ohioans with housing, heat and other support.

Increasing Access to Our Programs

A new Program Finder on our website provides information on the more than 70 programs housed at the agency. The information is provided in an easy to understand format, listing related programs and contact information for program administrators.

Increasing Accountability

When Ohio provides taxpayer incentives, a company must commit to creating jobs and capital investment in the state. DSA provides oversight and monitoring of these commitments to ensure taxpayers are getting a positive return on their investment. For Calendar Year 2014, DSA had record compliance by businesses that received state incentives.


5

Increasing Opportunity

Following Governor John Kasichs lead that all Ohioans should have access to the states improving economy, we are working closely with the Department of Administrative Services to expand the number of minority-owned companies that do business with the state, and 2014 was a record year. The number of goods and services purchased by the state from minority-owned companies, the number of cabinet agencies that met the legislatively-mandated 15 percent goal for purchasing, and the number of Minority Business Development Centers across the state all increased. It is important that this momentum continue.

Increasing Leisure Visits to Ohio

DSA recognizes that tourism is an economic driver and can be an essential part of a communitys economic development plan. Working with the industry and the TourismOhio Advisory Board, TourismOhio developed a strategic plan for increasing tourist visits. It is the first time Ohio has a written plan and measurable goals. TourismOhio also is working on identifying a new brand for the state and aggressively promoting our distinct, authentic identity to businesses and visitors in Ohio, across the country, and around the world.

Reducing Bureaucracy

Each year DSA helps more than 400,000 low-income Ohioans manage their energy costs. To ensure customer service, a dedicated 1-800 number and call center team answer questions and help resolve customer issues. The call center and application processing teams are cross-trained, so each team member knows how to answer customer calls and process applications. DSA also upgraded its call tracking system. Now call center managers can adjust staffing levels to handle calls with real time information.

Overall, DSA works to administer more than 70 programs to strengthen job creation and build strong communities. The following report provides an overview of the impact the agency is making across the state.


6

Growing Jobs

JobsOhio and the JobsOhio Regional Network Partners work to bring businesses to Ohio and encourage existing Ohio businesses to expand in the state. Many times, state incentives ensure that companies pick Ohio over competing states. These incentives require that the company create jobs and make a capital investment in the state. The Development Services Agency approves and monitors these commitments to ensure taxpayers receive a positive return on their investment.

The Job Creation Tax Credit is one of the state incentives used by JobsOhio and the JobsOhio Regional Network. Applications for the tax credit are reviewed and approved by the Ohio Tax Credit Authority, a five-member independent board consisting of taxation and economic development professionals. The Job Creation Tax Credit is based on jobs created and new state payroll tax generated. It is performance-based, meaning that the credit is proportionate to the number of jobs created. The company must meet the requirements set forth by the Tax Credit Authority, such as creating a certain number of jobs for a specific time period. In Calendar Year 2014, the Authority executed 127 new Job Creation Tax Credit agreements, reflecting commitments to create 11,687 new jobs, retain 17,113 jobs, generate $529.1 million in new payroll and invest more than $1.9 billion in fixed-assets. For a list of Job Creation Tax Credits, see Appendix 1.

The Job Retention Tax Credit and Data Center Tax Exemption incentivize keeping jobs in Ohio and locating Data Centers here. There were four previously approved Job Retention Tax agreements executed for Calendar Year 2014. There were two Data Center Sales Tax Exemption projects approved in Calendar Year 2014. For a list of Job Retention Tax Credits, see Appendix 2. For a list of Data Center Sales Tax Exemptions, see Appendix 3.

In Calendar Year 2014, municipalities and counties throughout the state of Ohio provided 58 newly executed Enterprise Zone Program agreements, which offer exemptions from property taxation for eligible new investments in capital assets. The projects will provide new local property tax revenues and, where applicable, increases in local municipal income taxes, bringing new economic resources to the community. For the previous Calendar Year, 8 of the 58 agreements included a supplemental school compensation agreement. Information on these agreements is included in Appendix 4.

All municipalities and counties with active enterprise zones are required to annually report specific project information and updates to the agency. This information can also be found in Appendix 4.


7

Developing the Workforce

For companies expanding in or relocating to Ohio, the readiness of the workforce is critical. The Ohio Incumbent Workforce Training Voucher Program is preparing Ohio workers for the jobs of today and tomorrow. In State Fiscal Year 2015, DSA invested $29,398,154 to train Ohio workers in the following industries:

Advanced Manufacturing Aerospace and Aviation Automotive Back Office Bio-Health Corporate Headquarters

Energy Financial Services Food Processing Information Technology

and Services

Logistics Polymers and Chemicals Research and Development

The Career Exploration Internship Program for high school students launched on October 28, 2014 and was heavily marketing to small businesses, local community leaders and educators. As of June 30, 2015, there were 45 grant agreements with companies to mentor student employees. The state committed total training costs in the amount of $101,209.00. This is a performance-based reimbursable grant, so no funds are distributed until the requirements of the program are met. Students must spend 20 weeks and 200 hours with a for-profit company learning about the career. The company is reimbursed up to 50% of the student wages on completion of the exploration period. The closeout of first grant is expected on December 29, 2015.

Encouraging Innovation

The Development Services Agency is helping entrepreneurs and small and minority businesses develop and grow. Ohio Third Frontier is charged with supporting the Ohio technology economy and fueling its growth. During Fiscal Year 2015, the Ohio Third Frontier Commission awarded more than $75 million to help support and grow new companies and industries in Ohio.

In State Fiscal Year 2015, the Ohio Third Frontier Commission targeted programs with the highest return on investment entrepreneurship, startup and early-stage companies. This includes companies in the growing industries of medical technology and information technology. The Commission found that startup and early-stage companies performed best in jobs created, follow-on investment and product sales, creating 40 percent of Ohio Third Frontier related jobs, while receiving 29 percent of the funding.

To better serve Ohio entrepreneurs and start-up companies, the Ohio Third Frontier Entrepreneurial Signature Program consolidated regional entrepreneurial resources. The consolidation of resources encourages regional entities to collaborate as they support early stage technology companies. A list of Ohio Third Frontier awards are detailed in Appendix 5.

Global Cardiovascular Innovation Center (Cleveland, Cuyahoga County)

During Fiscal Year 2015, the largest single Ohio Third Frontier grant recipient reached a significant milestone, as the Global Cardiovascular Innovation Center exceeded all of its initial commitments:

created 861 jobs

generated $597 million in follow-on investment, funded 45 companies, and attracted 30 additional companies

REMEDIALACTIONS

PROSPECTIVEACTIONS

PROTECTING TAXPAYER INVESTMENTJANUARY 2014DECEMBER 2014

OHIO THIRD FRONTIER JOBS

AMOUNT SPENT WITH MINORITY-OWNED FIRMSFISCAL YEAR 2014

BUILDING OHIOS WORKFORCE

76COMPANIES

72COMPANIES

306 PARTICIPANT COMPANIES43,361 OHIOANS TRAINED

JOBS CREATED BY STARTUP ANDEARLY-STAGE COMPANIES RECIEVINGONLY 29% OF THE TOTAL OHIO THIRDFRONTIER FUNDING

40%29% =

FY 2015FY 2014FY 2013

$106,323,613

$106,323,613$165,596,691

FUNDING

INCUMBENT WORKFORCE TRAINING VOUCHER PROGRAM


8

The Ohio Venture Capital Program was created by the Ohio General Assembly in 2003 to increase the investment capital available for Ohio-based business enterprises in the seed or early stages of business development. The Ohio Capital Fund was funded by a bond issuance and backed by Ohio tax credits.Buckeye Venture Partners serves as the sole program administrator, guided by investment guidelines set forth in law under the supervision of the Ohio Venture Capital Authority. The Ohio Development Services Agency has a statutory advisory responsibility and provides staff support. In Fiscal Year 2015, the Ohio Venture Capital Authority refinanced a portion of the debt to take advantage of lower interest rates.

Growing Minority Business

The Development Services Agency is also focused on providing minority business owners the resources they need to grow. Working closely with the Department of Administrative Services, we are increasing the number of minority-owned companies that do business with the state and reducing the time it takes to become certified.

Six Minority Business Development Centers are located across Ohio, providing technical assistance, professional consulting, access to capital and assistance obtaining contract opportunities. Starting in Fiscal Year 2016, the state of Ohio will open an additional Minority Business Development Center to respond to the needs of minority business owners.

The Minority Business Bonding Program provides bid, performance, and payment surety bonds to state certified minority-owned businesses that are unable to obtain bonding through standard surety companies. During State Fiscal Year 2015, the agency acted as surety for bonds in excess of $9 million, assisting more than 17 companies throughout the state. DSA believes this Program can continue to serve as a valuable tool to assist minority- owned businesses.

In Fiscal Year 2015, the Technology Validation and Start-Up Fund awarded more than $2 million to higher education and nonprofit research institutions and startup and early-stage companies. The grants help license technology, accelerate commercialization and advance products to the marketplace.

The Commercial Acceleration Loan Fund awarded $8.1 million to help early-stage companies commercialize their products and enter the marketplace. It bridges the gap between an entrepreneurs need for early-stage capital and traditional commercial sources of financing. The program supports companies showing potential to grow substantially in size and value over a relatively short period of time.

MBAC Regions

Region 1 - Columbus

Region 2 - Cincinnati

Region 3 - Dayton

Region 4 - Toledo

Region 5 - Cleveland

Region 6 - Akron

Region 7 - Youngstown

4

1

57

3

2

6

MBAC Regions

Region 1 - Columbus

Region 2 - Cincinnati

Region 3 - Dayton

Region 4 - Toledo

Region 5 - Cleveland

Region 6 - Akron

Region 7 - Youngstown

4

1

57

3

2

6

LARGEST NUMBER OF STATE AGENCIESMEETING THEIR GOAL FOR PURCHASES

0.90% 1.40% 3.60% 5.59% 4.55% 1.14% 4.10% PARTICIPATION 1.62% 2.92% 5.13% 5.93% 4.52% 10.14% 10.32% SET ASIDE08 09 10 11 12 13 14 FISCAL YEAR

14.41%

11.28%9.07%

11.51%

8.73%

4.31%

2.53%

TOTAL


9

Supporting Small Business

In addition to the Minority Business Development Centers, the Development Services Agency has 30 Small Business Development Centers across the state. They provide a wide range of services including strategic and financial planning, cash flow analysis, identifying sources of capital, market research and strategy, and training workshops. The Procurement Technical Assistance Centers (PTACs) help Ohios businesses identify and navigate the contracting process. The eight PTACs helped businesses secure 2,954 contracts worth more than $350 million.

PARTNERS INECONOMIC DEVELOPMENT

PROGRAM RESULTS FOR SMALLBUSINESS ADMINISTRATION GOALS

THOUSANDS SERVEDPOSITIVE IMPACT

In 2014, federal, state, and local partners have come together to fund the Ohio SBDC Network. In addition to the cash investment, nearly half a million dollars from hosts and partners as in-kind support help to make the Ohio SBDC Network possible.

This year alone, over 20,000 Ohioans received valuable training sessions and one-on-one advising from the Certified Business Advisors at one of our business assistance centers located in nearly 30 communities across the state.

51,012 HOURS OFONE-ON-ONE ADVISING

7,941 ADVISED

12,197 TRAINED $1.47MSTATE

$3.92MFEDERAL

$1.64MLOCAL

$7.03MTOTAL

3,134JOBS CREATED

$198.2M SALES INCREASE

1.53 JOBS PER HOUR

$232 PER JOB

10,254JOBS RETAINED

$20.5M INCREASE IN EXPORTS

$22,611 SALES PER MINUTE

THE BOTTOM LINE

120%105%

95%

$122,132,035CAPITAL INFUSION

511NEW BUSINESS

STARTS

2,375LONG TERM

CLIENTS

For 30 years, the Ohio Development Services Agency* has proudly served as statewide host of the Ohio Small Business Development Centers Network.


10

Assisting women-owned businesses is a focus of the centers. The Small Business Development Centers (SBDC) counseled 3,550 women-owned businesses, which created 1,186 jobs and retained 2,870 jobs. They helped start 279 women-owned businesses. The Procurement Technical Assistance Centers (PTACs) also helped women-owned businesses win 1,585 contracts totaling more than $46 million in sales; and secure 26 subcontracts. The International Market Access Grant helped 20 woman-owned businesses expand their reach into the global marketplace, while the SBDCs helped generate nearly $13 million in export sales.

Securing local, state, and federal government contracts can help a small business grow. PTACs help Ohio businesses navigate the contracting process. The eight PTACs across the state equip businesses with the knowledge and support they need to procure contracts by providing one-on-one consulting, training, and networking events.

PROCUREMENT CENTERS HELP GROW BUSINESSESFEBRUARY 2014JANUARY 2015

TURNING INTERNS INTO EMPLOYEES

CAPITAL INVESTMENT THROUGH INVESTOHIO

TOTALCONTRACTS2,954

MILLION

WORTH

$352TOTALCLIENTS

SMALLBUSINESS WOMEN

MINORITY

VETERAN1,534

755

286

226

267

EXTENDEDINTERNSHIPS

FULL-TIMEJOB OFFERS8 17

CERTIFICATESFY 2014485CERTIFICATESFY 2015653

992HOURS

22,014HOURS

HOURS COUNSELING WOMEN-OWNED BUSINESSES

PTACSBDC




TOTALCONTRACTS2,954

MILLION

WORTH

$352TOTALCLIENTS

SMALLBUSINESS WOMEN

MINORITY

VETERAN1,534

755

286

226

267

EXTENDEDINTERNSHIPS




11

Record Exports

Ohio is the ninth-largest exporting state in the United States. Ohio exports were valued at $52.1 billion in 2014, the most ever. The leading export industries are transportation equipment, machinery, chemicals, primary and fabricated metal products, computer and electronics products, plastics and rubber products, agricultural and food products as the top exports.

The International Market Access Grant for Exporters program helps small businesses expand to international markets. It provides a 50 percent reimbursement for international marketing and to date has helped more than 200 companies.

Starting in 2012, the Ohio Export Internship Program partnered with The Ohio State Universitys Fisher College of Business to educate undergraduate business students on the fundamentals of exporting, and to help small- to medium-sized companies in Ohio increase their global sales. Now the program includes an additional 9 students from the Williamson College of Business Administration at Youngstown State University.




TOTALCONTRACTS2,954

MILLION

WORTH

$352TOTALCLIENTS

SMALLBUSINESS WOMEN

MINORITY

VETERAN1,534

755

286

226

267

EXTENDEDINTERNSHIPS



$52.1 BILLIONWORTH OF GOODS EXPORTED IN 2014

16,452BUSINESSES EXPORT FROM OHIOSOURCE: CENSUS.GOV

5

CARGO HUBS

3

INTERNATIONALAIRPORTS

MAJOR REGIONALAIRPORTS

420 FREE TRADE AGREEMENTPARTNERS RECEIVED$30.4 BILLION IN EXPORTS

438,100JOBS SUPPORTED BY EXPORT1 FIGURE = 15,000 JOBSSOURCE: BROOKINGS INSTITUTE EXPORT MONITOR 2015

90%OF OHIO EXPORTERSARE SMALLBUSINESSES

9THLARGESTEXPORTINGSTATE

STATEEXPORTTAX

0%

exportassistance.development.ohio.gov

EXPORT ASSISTANCE FACTS

25 PORTS ANDTERMINALS

700 MILES OF NAVIGABLEWATERWAYS LEADING TO THE GULF OF

MEXICO AND THE SAINT LAWRENCE SEAWAY

4TH OVERALL INFRASTRUCTUREAND GLOBAL ACCESS IN THE U.S.SOURCE: 2014 AREA DEVELOPMENT, TOP STATES FOR DOING BUSINESS

25 DIFFERENT INDUSTRIESEXPORTED MORE THAN$100 MILLION WORTH OF GOODSTRANSPORTATION EQUIPMENT

MACHINERY AND ELECTRONIC PRODUCTS

CHEMICALS

PRIMARY AND FABRICATED METAL

AGRICULTURAL AND FOOD PRODUCTS

PLASTICS AND RUBBER PRODUCTS


12

Accessing Capital

The Development Services Agency administers four programs to increase access to capital. InvestOhio is a key factor in small business growth and provides tax credits for the investment of up to $10 million in a small business, held for a minimum of two years. In State Fiscal Year 2015, the state issued 653 certificates totaling $7.3 million in tax credits. InvestOhio attracts participation from a wide range of industries with manufacturing, hospitality and agriculture-based businesses receiving the majority of investments.

With funding from the federal State Small Business Credit Initiative, DSA administers three additional programs to help small and minority businesses access capital. The Collateral Enhancement Program provides lending institutions with cash collateral deposits for loans to small businesses. The Ohio Capital Access Program provides financing to for-profit and nonprofit businesses that are having difficulty obtaining business loans through conventional underwriting standards. This program establishes a loan guarantee reserve pool at a lending institution. The Targeted Investment Program is a venture debt program that aims to increase the success of small businesses that demonstrate the ability to grow jobs and revenues over a relatively short period of time.

To help customers utilize the Ohio Capital Access Program and the Collateral Enhancement Program, Development Services Agency created a checklist for customers. The checklist helps customers identify and submit the proper paperwork and helps the agency portfolio manager ensure the accuracy of the project information before it is submitted for approval. This checklist improves the Agencys accountability of the program and improves the process for the customer.




TOTALCONTRACTS2,954

MILLION

WORTH

$352TOTALCLIENTS

SMALLBUSINESS WOMEN

MINORITY

VETERAN1,534

755

286

226

267

EXTENDEDINTERNSHIPS



LOANSIN FY 20157 REDUCTIONIN ENERGY COSTS37%

STATE SMALL BUSINESS CREDIT INITIATIVE (SSBCI) RESULTS

IMPROVING ENERGY EFFICIENCY

OHIO HISTORIC PRESERVATION TAX CREDIT

OHIO CAPITAL ACCESS

2,831JOBS

CREATED/RETAINED

242LOANS

$486,472IN LOANS

$16.2MDIRECT PRIVATE

INVESTMENT

COLLATERAL ENHANCEMENT

4,108JOBS

CREATED/RETAINED

185LOANS

$23.6MIN LOANS


INVESTMENT

TARGETED INVESTMENT

117JOBS

CREATED/RETAINED

6LOANS

$6.8MIN LOANS

$6.9MDIRECT PRIVATE

INVESTMENT

3,439 HOUSING UNITSCREATED

8.7 MILLION SQUAREFEET REHABILITATED

100 TOTAL COMPLETEDPROJECTS HAVE LED TO 120 BUILDINGSREHABILITATED

28 COMMUNITIESIMPACTED

1.4 BILLION TOTALPROJECT INVESTMENT$





OHIO CAPITAL ACCESS

2,831JOBS

CREATED/RETAINED

242LOANS

$486,472IN LOANS


INVESTMENT


4,108JOBS

CREATED/RETAINED

185LOANS

$23.6MIN LOANS


INVESTMENT

TARGETED INVESTMENT

117JOBS

CREATED/RETAINED

6LOANS

$6.8MIN LOANS

$6.9MDIRECT PRIVATE

INVESTMENT










OHIO CAPITAL ACCESS

2,831JOBS

CREATED/RETAINED

242LOANS

$486,472IN LOANS


INVESTMENT


4,108JOBS

CREATED/RETAINED

185LOANS

$23.6MIN LOANS


INVESTMENT

TARGETED INVESTMENT

117JOBS

CREATED/RETAINED

6LOANS

$6.8MIN LOANS

$6.9MDIRECT PRIVATE

INVESTMENT







13

What People Are Saying

Ohio Capital Access Program

CRC Enterprises LLC, a minority-owned business located in Columbus, Ohio, is hauler of asphalt, gravel, sand and other heavy construction materials. CRC Enterprises received two term loans totaling $136,235 from Heartland Bank. Heartland sought an OCAP guarantee for two reasons: the client was a new bank customer and in a nontraditional industry for the bank.

Collateral Enhancement Program

Hernandez Construction Services, Inc., a minority-owned construction management business located in Fairlawn, Ohio, specializing in renovating and building multi-unit apartment complexes and special projects. Hernandez Construction was awarded two of their largest contracts but needed additional capacity on their line of credit with Fifth Third Bank. The contracts were not generating receivables at the time of the request for the increase and the existing receivables and other collateral did not support the increase. Fifth Third turned to the Collateral Enhancement Program to support the line of credit increase. Hernandez Construction was able to increase their line of credit from $350,000 to $500,000 with a CEP deposit of $150,000. The company projects to create 10 jobs.

I was advised at the Minority Development Financing Advisory Board meeting that I needed to diversify in order to increase my customer base, but to do that I needed more trucks. OCAP helped me finance through Heartland Bank and get one new truck and refinance two others. With the trucks I got a contract with a new company and hired five new employees.

Paul Newlin, President, CRC Enterprises LLC

Targeted Investment Program

Agile Networks is a hybrid fiber wireless broadband data network provider that deploys its telecommunications network to areas not covered by traditional network providers. With the assistance they received from the Targeted Investment Program, the companys last mile solution enables the Agile Network to deliver solutions to rural areas just as easily as major cities and provides local communities and emergency management systems the ability to either establish a redundant system in event of an outage or to upgrade outdated and obsolete systems.


14

Improving Efficiency

Identifying ways to reduce overhead costs helps a business increase its bottom line and prepare for growth. The Energy Loan Fund provides low-cost financing to small businesses, manufacturers, nonprofits, and public entities for energy improvements that reduce energy usage and associated costs. In State Fiscal Year 2015, the Development Services Agency administered seven loans, totaling $7,651,696, which will result in a 37 percent reduction in energy costs for the customers.

Through the six Ohio Manufacturing Extension Partnership (MEP) affiliates, DSA helps small- and medium-sized manufacturers meet the needs of the changing economy. The partnership helps manufacturers improve efficiencies and develop innovative products and processes through business counseling and development services. During the last year, the Ohio MEP strengthened metrics as well as developed and leveraged affiliate working groups that focused on supporting the One Ohio MEP mission. This will offer opportunities to share lessons and best practices across the network.

The former Cleveland Metropolitan School District office building is being transformed into the new Drury Plaza Hotel. This historic rehabilitation preserves the 1931 landmark and the new hotel will have approximately 180 rooms, an indoor swimming pool, meeting rooms and restaurant. Improving the energy efficiency of the building was an integral part of the project and included smart thermostats, energy efficient windows, doors, lighting, and new insulation. This project utilized the Energy Loan Fund, Ohio Historic Preservation Tax Credits, and the Ohio Water Development Authority Brownfield Loan Fund.





OHIO CAPITAL ACCESS

2,831JOBS

CREATED/RETAINED

242LOANS

$486,472IN LOANS


INVESTMENT


4,108JOBS

CREATED/RETAINED

185LOANS

$23.6MIN LOANS


INVESTMENT

TARGETED INVESTMENT

117JOBS

CREATED/RETAINED

6LOANS

$6.8MIN LOANS

$6.9MDIRECT PRIVATE

INVESTMENT





1.4 BILLION TOTALPROJECT INVESTMENT$OTHER

PEOPLEASSISTED

8,257

CHILDREN

ELDERLY

UNITSWEATHERIZED

3,993

WEATHERIZATION*JULY 2014JUNE 2015

2,034

4,315

7401,168 DISABLED

COMPANIES SERVED259 $39

MILLION SAVED

OHIO MANUFACTURING EXTENSION PARTNERSHIP

48 MILES

63 MILES

9

6 BRIDGES REPLACED

143

OF WATER, SEWER, FLOOD AND DRAINAGE LINES INSTALLED

OF STREETS/CURBS/SIDEWALKSGUTTERS RECONSTRUCTED

WATER OR SEWER PLANTSCONSTRUCTED OR REHABILITATED

DOWNTOWN FACADESIMPROVED

COMMUNITY DEVELOPMENT BLOCK GRANT PROGRAM


15

Building Strong Communities

Strong, vital communities are essential to creating an environment for job creation and business growth. The Development Services Agency works with communities across Ohio to help them improve government efficiency and infrastructure, revitalize Main Streets and neighborhoods, and provide resources to help Ohioans get back on their feet.

Communities across Ohio are looking for ways to improve customer service, increase efficiency, and reduce overall service delivery costs. DSA helps communities through the Local Government Innovation Fund. The fund is comprised of two programs the Local Government Innovation Program, which provides grants and loans to study and implement shared services and efficiency measures, and the Local Government Efficiency Program, which provides grants for local government staff to learn and use Lean Six Sigma skills to improve processes and make services simpler, faster, better and less costly. Together these programs are helping communities improve their bottom line. A list of Local Government Innovation Fund projects are detailed in Appendix 6.

Communities across Ohio are also making investments in infrastructure, Central Business Districts, and neighborhoods. With support of Community Development Block Grant funds, these improvements make communities more attractive for business expansion and improve the quality of life for residents. In Fiscal Year 2015, the program invested more than $28.95 million which combined with more than $76.9 million in matching funds installed 48 miles of water and sewer lines, reconstructed 63 miles of streets, curbs and gutters, replaced 6 bridges, and improved 143 Main Street business buildings.

Through the Governors Office of Appalachia, the state of Ohio has invested more than $8 million in grants to local governments, community organizations, and nonprofits to improve infrastructure, support job creation and provide workforce training in the region. Upgrading access roads, water treatment plants, and water and sewer lines allow businesses to grow in the region. Grants upgraded technology at medical centers, provided equipment for training programs, and helped purchase equipment for local business incubators. All of these investments are aimed at improving the lives of those living in the 32-county region.

OTHER

PEOPLEASSISTED

8,257

CHILDREN

ELDERLY

UNITSWEATHERIZED

3,993


2,034

4,315

7401,168 DISABLED


MILLION SAVED


48 MILES

63 MILES

9

6 BRIDGES REPLACED

143






PROVIDEDGRANTS AND LOANS

56

TOTALING MILLION IN ASSISTANCE TO OHIO COMMUNITIES$4.5

LOCAL GOVERNMENT INNOVATION FUND

OHIO MOTION PICTURE TAX CREDITAPPROVED PROJECTS

FY 15

17 1624

FY 14FY 13

3,309HOMEOWNER UNITS

OHIO HOUSING TRUST FUND

HOUSEHOLDSRECEIVED HOMELESSPREVENTION SERVICES

REHABILITATED OR CONSTRUCTED

1,322RENTAL UNITS

2,531

ENERGY ASSISTANCE PROGRAMS

158,462 270,124HOME ENERGY

ASSISTANCEAPPLICATIONS

PROCESSED

CUSTOMER CALLSANSWERED

HOUSEHOLDSSERVED THROUGH THE WINTER CRISIS PROGRAM

131,204

HOUSEHOLDSSERVED THROUGH THE SUMMER CRISIS PROGRAM

37,799

Ohio University students receive a briefing from a U.S. Army doctor prior to seeing patients at the Ohio River Medical Mission.

The mission provided medical and dental care to nearly 3,000 residents in southeastern Ohio, and received a grant from

the Governors Office of Appalachia.


16

Revitalizing Neighborhoods

Each Ohio city, town and village has its own history and historic sites that line downtown districts and town squares. The Ohio Historic Preservation Tax Credit program works with the community and developers to save these historic sites, turning vacant buildings into office and retail space and residential lofts. The program reached a significant milestone in 2014: the completion of the 100th rehabilitation project. Once-empty buildings are alive with new activity, tourism and private investment. A complete list of Historic Preservation tax credits can be found in Appendix 7.

The Logistics and Distribution Loan Program was established by the legislature in 2008 to support the development of major transportation, logistics and infrastructure projects. Outreach was conducted throughout the state.

One final loan through this program was awarded in 2015. The Cleveland-Cuyahoga County Port Authority will receive $3 million for the Cleveland Port Cranes project. The project is part of a total investment of $7.9 million and is located in an economically distressed area.

This completes the award phase of the program. Monitoring of the projects will continue until loan repayment is completed. Detailed information about loans issued in previous years of the program can be found at http://development.ohio.gov/reports/default.htm.





OHIO CAPITAL ACCESS

2,831JOBS

CREATED/RETAINED

242LOANS

$486,472IN LOANS


INVESTMENT


4,108JOBS

CREATED/RETAINED

185LOANS

$23.6MIN LOANS


INVESTMENT

TARGETED INVESTMENT

117JOBS

CREATED/RETAINED

6LOANS

$6.8MIN LOANS

$6.9MDIRECT PRIVATE

INVESTMENT






The Ohio Coal Development Office continues to fund a range of projects from applied research to deployment of full-scale demonstration projects that enhance the viability of Ohio coal while reducing environmental impact and maintaining affordability. The complete Coal Agenda is published every two years and will be available in March 2016.

Industrial facilities and sites have been revitalized through the Clean Ohio Brownfield Fund and the U.S.EPA Brownfield Revolving Loan Fund, both administered by the agency. Through the U.S. EPA Brownfield Revolving Loan Fund, six communities completed the Brownfield Action Plan program, identifying next steps in their brownfield corridor planning process.

The Ohio Job Ready Site Program certified sites ready for new industrial and commercial development throughout Ohio. The program concluded in Fiscal Year 2015, and a summary of projects can be found in Appendix 8.





OHIO CAPITAL ACCESS

2,831JOBS

CREATED/RETAINED

242LOANS

$486,472IN LOANS


INVESTMENT


4,108JOBS

CREATED/RETAINED

185LOANS

$23.6MIN LOANS


INVESTMENT

TARGETED INVESTMENT

117JOBS

CREATED/RETAINED

6LOANS

$6.8MIN LOANS

$6.9MDIRECT PRIVATE

INVESTMENT







17

TourismOhio

Tourism is an economic driver and can be an essential part of a communitys economic development plan. TourismOhio tells the story of what makes Ohio memorable. 2014 was a record-setting year with many firsts that helped tourism in Ohio reach new heights. Collaboration was a major focus of TourismOhio as it hosted the first-ever Symposium on the Future of Tourism in Ohio, bringing together the TourismOhio Team100 for a day of inspiration and input that would be the foundation for a strategic plan to grow tourism visits in Ohio. The event was led by the 11-member TourismOhio Advisory Board made up of experienced industry leaders and marketing experts.

After the Symposium, the TourismOhio team conducted surveys, interviews and group work sessions to help develop the first-ever Ohio Tourism Strategic Plan. This is the first roadmap to drive sustainable growth for tourism in Ohio. It will carry tourism through 2018, the end of the pilot funding model, which provides up to $10 million a year to promote Ohio. The plan reflects the voice of the industry, and includes four strategic pillars: Branding and Marketing Communications, Strategic Partnerships and Collaboration, Financial Stability and Organizational Excellence. A balanced scorecard was also created to track TourismOhios progress within the four initiatives.

193M

2013ACTUAL

2014ACTUAL

2015EST.

2016EST.

2017EST.

2018EST.

199M 207M216M

225M234M

+2%+3% +4

% +5% +4% +4%

NUMBER OF OHIO DAY &OVERNIGHT VISITS (MILLIONS)

SOURCE: LONGWOODS INTERNATIONAL

INCREASENUMBEROF OHIOVISITS TO

234 MILLION

NUMBER OF OHIO OVERNIGHTVISITS (MILLIONS)


37M 38M40M 41M

43M 44M

2013ACTUAL

2014ACTUAL

2015EST.

2016EST.

2017EST.

2018EST.

INCREASEOVERNIGHT

VISITS TO44 MILLION

0%

+3%+4% +4% +4% +4%

$30B$31B

$33B$35B

$37B$40B

+5%+5%

+6% +6%+7% +7%

VISITOR DIRECT SPEND* (BILLIONS)SOURCE: TOURISM ECONOMICS

2013ACTUAL

2014ACTUAL

2015EST.

2016EST.

2017EST.

2018EST.

INCREASEDIRECTVISITOR

SPENDING TO$40 BILLION

*VISITORS DIRECT SPENDING ON TRAVEL GOODS AND SERVICES

62% OF ALL VISITORS2013(ACTUAL)

62% OF ALL VISITORS20142018(ESTIMATED)


VISITORS FROM OUT-OF-STATE STAY OVERNIGHT 3OUT OF 5SUSTAIN OVERNIGHT VISITS FROMOUT-OF-STATE TRAVELERS AT 62%


18

The funding model provided TourismOhio the funding to double its media buy in 2014 to $4.1 million. Ohio was able to tell its story to more people, more often. The ad campaign started in April, earlier than ever, and extended for the first time through fall a significant travel time for Ohio.

The results of the increased investment were highlighted in the 2014 economic impact research for Ohio tourism (sources: Longwoods International and Tourism Economics)

During 2014, Ohio saw a record 200 million visits, an increase from 195 million visits in 2013 (+2.8%).

38 million visitors stayed overnight in Ohio in 2014, up from 37 million in 2013 (+2.6%).

On average, overnight visitors outspend day travelers by 3 to 1:

Daytrip visitors spend an estimated $112 per person

Overnight visitors spend an estimated $341 per person

The increase in visitor spending generated a 4.7% increase in sales to approximately $40 billion; up from $38 billion in 2013 a new high for Ohio.

An estimated 412,000 Ohio jobs were supported by the tourism industry, an increase of 1.8% from 405,000 in 2013.

1 in every 11 Ohio workers is supported by the tourism industry.

The next step is identifying a new brand for the state and aggressively promoting our states distinct, authentic identity to businesses and visitors in Ohio, across the country, and around the world. TourismOhio and the Development Services Agency are planning to launch the new brand and tourism website in late 2015.

The Motion Picture Tax Credit was created in 2009 to encourage and develop a film industry in Ohio. The program provides a refundable, non-transferable tax credit equal to 25% of in-state spending and non-resident wages and 35% of resident wages on eligible production expenditures (EPEs) in Ohio, as defined by Ohio Revised Code section 122.85 (A)(4).

The program may award up to $40 million in tax credits per biennium; no more than $5 million dollars per project. This is a performance-based incentive and no tax credits are awarded until the project is completed and requirements of the program are met. Project approval and issuance of a tax credit certificate may occur in different years when projects extend beyond the year in which the project received approval.


56




FY 15

17 1624

FY 14FY 13





1,322RENTAL UNITS

2,531


158,462 270,124HOME ENERGY


PROCESSED



131,204


37,799

APPROVED PROJECTS

37AMOUNT ALLOCATED

$25,552,592

CERTIFICATES ISSUED

12AMOUNT ISSUED

$12,144,569FY 2015

APPROVED PROJECTS

16AMOUNT ALLOCATED

$14,230,033

CERTIFICATES ISSUED

12AMOUNT ISSUED

$12,297,399FY 2014


19

Empowering Ohioans

As the Ohio economy improves it is important not to forget those who have been living in the shadows who may need a hand up to reach their full potential. Partnering with local Community Action Agencies, the Development Services Agency administers the Community Services Block Grant which helps communities address poverty and provide resources for residents to move to self-sufficiency. In the 2013-2014 grant cycle, the state of Ohio received more than $49 million from the U.S. Department of Health and Human Services to support the program. After conducting a local needs study, local Community Action Agencies use the funding to provide job training, food banks, senior programs and youth programs. A full report on the program and services provided will be available in September.

Through the administration of the Ohio Housing Trust Fund, a public/private partnership, the agency served 11,050 households, 35 businesses, and 945 senior citizens. In Fiscal Year 2015, $58 million was invested in programs to increase the housing stock for low- to moderate-income Ohioans and address the needs of the homeless in Ohio. A full report on the programs and services administered by the Ohio Housing Trust Fund can be found in Appendix 9.

DSA also provides resources to help Ohioans manage home energy costs. The Home Energy Assistance Program is a benefit applied to a customers energy bill. In Fiscal Year 2015, the agency helped more than 350,000 households. The program has two emergency components, the Winter Crisis Program and the Summer Crisis Program. From November to March, the Winter Crisis Program provides support to low-income Ohioans who are facing disconnection from their heating source. In July and August, the Summer Crisis Program helps older Ohioans and those with medical conditions stay cool by providing air conditioners, fans, and/or bill payment assistance.


56




FY 15

17 1624

FY 14FY 13





1,322RENTAL UNITS

2,531


158,462 270,124HOME ENERGY


PROCESSED



131,204


37,799


56




FY 15

17 1624

FY 14FY 13





1,322RENTAL UNITS

2,531


158,462 270,124HOME ENERGY


PROCESSED



131,204


37,799


56




FY 15

17 1624

FY 14FY 13





1,322RENTAL UNITS

2,531


158,462 270,124HOME ENERGY


PROCESSED



131,204


37,799


20

Improving the efficiency of a home and its appliances can help reduce a familys overall energy costs. The Home Weatherization Assistance Program (HWAP) is designed to reduce energy costs for low-income families, particularly the elderly, people with disabilities, and people with children. The goal is to improve the energy efficiency of their homes, while ensuring their health and safety. During the 2014 Program Year (July 1, 2014 June 30, 2015), the program provided energy conservation measures and consumer education to nearly 4,000 families. In the coming year, the program will implement the new national Standard Work Specifications (SWS), which will ensure that work quality is in line with the national standards and that health and safety issues in the homes of our customers are addressed consistently across all providers. In addition to the SWS, the HWAP will implement a new Quality Control Inspector (QCI) certification requirement for home inspectors/assessors, improving the quality of service to the customer.

In partnership with the Public Utilities Commission of Ohio (PUCO), DSA also administers the Percentage of Income Payment Plan Plus (PIPP Plus) to help Ohioans manage their monthly energy costs. The program provides eligible Ohioans the ability to pay a percentage of their energy bill based on their income. As of June 2015, 437,173 Ohio households are participating in the program.

In Fiscal Year 2015, the agency worked with the PUCO to align the rules, making them consistent for the gas and electric components of the program. This will reduce confusion among the customers and improve the implementation of the program.

* Based on information submitted as of July 30, 2015

The following programs have no reportable information, as they no longer exist.

Development Financing Advisory Council

Employee Ownership Assistance Program

Industrial Technology and Enterprise Advisory Council

Rural Industrial Park Loan Program

Steel Futures Program

OTHER

PEOPLEASSISTED

8,257

CHILDREN

ELDERLY

UNITSWEATHERIZED

3,993


2,034

4,315

7401,168 DISABLED


MILLION SAVED


48 MILES

63 MILES

9

6 BRIDGES REPLACED

143






Electric Partnership Program improves the electric efficiency of low-income households who participate in PIPP Plus (Percentage of Income Payment Plan). State Fiscal Year 2014:

Households Served 14,892

Appliances Installed 11,840

Light Bulbs Installed 78,251

Hot Water Measures Installed 6,836


21

Boards and Commissions

Home Weatherization Assistance Program Advisory Council The Home Weatherization Assistance Program Advisory Council provides advice to the Ohio Development Services Agency to ensure that energy services are provided to low-income consumers.

Local Government Innovation Council The Local Government Innovation Council awards grants and loans to political subdivisions as part of the Local Government Innovation Program and the Local Government Efficiency Program. The awards are made for projects that promote efficiency, shared services, coproduction and mergers among local governments. Loans can be used for the hard costs needed to implement projects that promote these ideas.

Minority Business Advisory Council The Minority Business Advisory Council advises and assists the Directors of the Development Services Agency and Department of Administrative Services in matters affecting the economic vitality of Ohios minority business community. The Minority Business Council is an advocate for Ohios minority businesses and is committed to developing the increasing number of minority-owned firms in Ohio and ensuring that these companies see revenue growth and long-term success.

Minority Development Financing Advisory Board The Minority Development Financing Advisory Board assists the Development Services Agency in creating employment opportunities and wealth in the minority business community. The Minority Development Financing Advisory Board does this by reviewing and making recommendations on loans and surety bond requests.

Ohio Coal Development Technical Advisory Committee The Ohio Coal Development Technical Advisory Committee will review and make recommendations concerning Ohio coal development project proposals, governance matters and other topics related to Ohios coal development.

Ohio Housing Trust Fund Advisory Board The Ohio Housing Trust Fund Advisory Board is charged with assisting the Ohio Development Services Agency in defining housing needs and priorities, recommending program updates to effectively benefit low-and moderate-income persons, and advising the Department Director on distribution of money from the Ohio Housing Trust Fund.

Ohio Tax Credit Authority The Ohio Tax Credit Authority is charged with reviewing and approving applications for tax credit assistance.

Ohio Third Frontier Advisory Board Ohio Third Frontier Advisory Board provides guidance to the Ohio Third Frontier Commission. The members of the Board represent leaders from industry, academia, and government, who advise on strategic planning, and general management and coordination of programs associated with the Ohio Third Frontier.

Ohio Third Frontier Commission The Ohio Third Frontier Commission is responsible for the allocation of funds appropriated by the Ohio General Assembly to support programs and activities associated with the Ohio Third Frontier.

Ohio Venture Capital Authority The Ohio Venture Capital Authority oversees the Ohio Capital Fund.

Public Benefits Advisory Board The Public Benefits Advisory Board ensures energy services are provided to low-income consumers in Ohio in an affordable manner.

TourismOhio Advisory Board The TourismOhio Advisory Board is responsible for advising the Director of the Development Services Agency and the Director of the Office of TourismOhio on strategies for promoting tourism in Ohio.

Workers Compensation Board of Directors Nominating Committee The Workers Compensation Board of Directors Nominating Committee makes recommendations to the Governor for the appointment of members of the Bureau of Workers Compensation Board of Directors.


Appendix

Appendix Table of Contents


Appendix 2 Job Retention Tax Credits

Appendix 3 Data Center Sales Tax Exemptions

Appendix 4 Enterprise Zone Tax Credit

Appendix 5 Ohio Third Frontier

Appendix 6 Local Government Innovation Fund

Appendix 7 Ohio Historic Preservation Tax Credit

Appendix 8 Ohio Jobs Ready Sites Program

Appendix 9 Ohio Housing Trust Fund


Appendix


Beneficiary Agreement Execution Date Local Jurisdiction County Program PhaseNew Full-Time Equivalent Job

Commitment Retained Jobs Commitment

5Me, LLC 4/8/14 Union Township Clermont Servicing 62 0Acumen Solutions, Inc 6/20/14 City of Cleveland Cuyahoga Servicing 122 0ADS Manufacturing Ohio LLC 3/17/14 City of Middletown Butler Servicing 50 0AdvancePierre Foods, Inc. 5/21/14 City of Blue Ash Hamilton Servicing 43 59AIM MRO Holdings, Inc. 3/17/14 Miami Township Clermont Servicing 20 62AlvaEDU 7/30/14 City of Cincinnati Hamilton Servicing 50 0ArcelorMittal Tubular Products Shelby LLC 7/30/14 City of Shelby Richland Servicing 45 631Atricure, Inc. 7/22/14 City of Mason Warren Servicing 30 174Aurora Plastics, Inc. 4/8/14 City of Streetsboro Portage Servicing 19 51Axiom Product Development LLC 6/12/14 City of Blue Ash Hamilton Servicing 20 25Bang Printing of Ohio, Inc. 4/10/14 Brimfield Township Portage Servicing 100 247BOI Solutions, Inc. 2/19/14 City of Miamisburg Montgomery Servicing 15 22Cast Nylons Co., LTD. 5/12/14 City of Willoughby Lake Servicing 20 92Clinical Outcomes Management Systems, LLC 9/4/14 City of Broadview Heights Cuyahoga Servicing 119 25Cole Taylor Bank 1/28/14 City of Wilmington Clinton Servicing 140 50Continental Structural Plastics, Inc. 4/10/14 Village of North Baltimore Wood Servicing 56 103Contingent Network Services, LLC 4/10/14 West Chester Township Butler Servicing 75 120Coupons.com, Incorporated 9/5/14 Deerfield Township Hamilton Servicing 22 25Design Dynamics, Inc. 8/4/14 City of Twinsburg Summit Servicing 20 7Dynamit Techonologies 6/17/14 City of Columbus Franklin Servicing 30 35Eco-Groupe, Inc., The 6/12/14 City of Vandalia Montgomery Servicing 48 160Edgerton Forge Inc 4/30/14 Village of Edgerton Williams Servicing 25 52Eloquii Design, Inc. 10/13/14 City of Columbus Franklin Servicing 40 6Empower MediaMarketing, Inc. 8/15/14 City of Cincinnati Hamilton Servicing 40 130Equity Administrative Services, Inc. 12/1/14 City of Elyria Lorain Servicing 50 187Excelitas Technologies Corp. 3/17/14 City of Miamisburg Montgomery Servicing 45 60ExpressPoint Technology Services, Inc. 12/10/14 City of Grove City Franklin Servicing 30 0Famous Enterprises, Inc. 4/8/14 City of Columbus Franklin Servicing 20 0Faurecia Emissions Control Systems NA, LLC 9/22/14 City of Franklin Warren Servicing 120 329Faurecia Emissions Control Systems NA, LLC 12/24/14 City of Toledo Lucas Servicing 150 105Festo Americas LLC 3/17/14 City of Mason Warren Servicing 250 0Ford Motor Company 8/4/14 Bath Township Allen Servicing 300 540Frank Brunckhorst Co., LLC 8/26/14 City of Columbus Franklin Servicing 93 0Fuyao Glass America Inc. 7/23/14 City of Moraine Montgomery Servicing 800 0GKN Driveline Bowling Green, Inc. 3/21/14 City of Bowling Green Wood Servicing 86 66Graphic Packaging International, Inc. 7/10/14 City of Marion Marion Servicing 30 230Green Bay Packaging 9/4/14 City of Lebanon Warren Servicing 22 89Green Gourmet Foods, LLC 12/9/14 Liberty Township Fairfield Servicing 80 0Greenville Technology, Inc. 6/12/14 City of Marysville Union Servicing 50 32Hamlet Protein Inc. 12/10/14 City of Findlay Hancock Servicing 20 0Harris, Mackessy & Brennan dba HMB Information System Developers

3/17/14 City of Westerville Delaware Servicing 75 135

HDI Landing Gear USA, Inc. 7/30/14 City of Strongsville Cuyahoga Servicing 65 42HDI Landing Gear USA, Inc. 7/30/14 City of Springfield Clark Servicing 50 88Healthcare Regional Marketing, LLC 2/19/14 Union Township Clermont Servicing 30 21HOMAGE, LLC 9/19/14 City of Columbus Franklin Servicing 28 42Home Depot, U.S.A. Inc. 7/10/14 Village of Luckey Wood Servicing 125 0Hynes Industries, Inc. 7/22/14 Austintown Township Mahoning Servicing 42 140IBM Corporation 2/12/14 City of Dublin Franklin Servicing 500 671iMFLUX, Inc. 5/20/14 West Chester Township Butler Servicing 221 0

Job Creation Tax Credit Program - Agreements Executed in Calendar Year 2014

Infra-Metals Co. 5/21/14 Village of New Boston Scioto Servicing 60 0International Paper Company 6/17/14 City of Kenton Hardin Servicing 125 532Interstate Warehousing of Ohio, LLC 5/30/14 City of Hamilton Butler Servicing 25 186INX International Ink Co. 6/12/14 City of Lebanon Warren Servicing 30 9ISS America Inc. 1/28/14 City of Bellefontaine Logan Servicing 20 6Jedson Engineering, Inc. 2/19/14 City of Cincinnati Hamilton Servicing 30 74Just Packaging Inc. 5/19/14 City of Toledo Lucas Servicing 30 8Lakeview Farms, LLC 7/1/14 City of Delphos Allen Servicing 200 250Legacy Measurement Solutions, Inc. 2/4/14 Brookfield Township Trumbull Servicing 150 0LEM Products Holding, LLC 2/19/14 West Chester Township Butler Servicing 14 21Lendkey Technologies, Inc. 2/12/14 City of Blue Ash Hamilton Servicing 73 0Lubrizol Advanced Materials, Inc. 12/1/14 City of Brecksville Cuyahoga Servicing 73 525lululemon USA Inc. 3/17/14 City of Columbus Franklin Servicing 170 0Lunarline, Inc. 8/15/14 City of Kettering Montgomery Servicing 15 2Mace Security International, Inc. 2/12/14 City of Cleveland Cuyahoga Servicing 35 0Makino Inc. 3/17/14 City of Mason Warren Servicing 48 209Manufacturing Business Development Solutions, LLC

8/15/14 City of Upper Sandusky Wyandot Servicing 40 0

Matalco (U.S.), Inc. 7/17/14 Village of Lordstown Trumbull Servicing 60 0Matrix Technologies, Inc. 5/19/14 City of Maumee Lucas Servicing 75 169McFeely's, Inc. 4/8/14 City of Harrison Hamilton Servicing 14 0Meijer Stores Limited Partnership 5/19/14 City of Tipp City Miami Servicing 103 750Menlo Logistics Inc. 4/8/14 Etna Township Licking Servicing 63 24Midwest Motor Supply Co. dba Kimball Midwest 9/22/14 City of Columbus Franklin Servicing 50 284MITEC Powertrain Inc. 10/13/14 City of Findlay Hancock Servicing 88 0Mitsubishi Chemical Performance Polymers, Inc. 9/22/14 City of Bellevue Sandusky Servicing 25 63MPW Industrial Services, Inc. 11/10/14 Union Township Licking Servicing 25 316MXD Group, Inc. 9/8/14 City of New Albany Franklin Servicing 95 47National Automotive Experts LLC 5/9/14 City of Strongsville Cuyahoga Servicing 30 84NBBJ LLC 5/19/14 City of Columbus Franklin Servicing 16 100Nestle USA, Inc. 9/22/14 City of Solon Cuyahoga Servicing 250 681Next Generation Films, Inc. 10/22/14 City of Lexington Richland Servicing 100 257Norplas Industries Inc. 8/26/14 City of Northwood Wood Servicing 300 496North Coast Container Corp. 4/8/14 City of Cleveland Cuyahoga Servicing 40 90OMNOVA Solutions Inc. 10/10/14 City of Beachwood Cuyahoga Servicing 70 110OWENS CORNING 4/8/14 City of Toledo Lucas Servicing 50 925PeopleToMySite.com, LLC 4/30/14 City of Columbus Franklin Servicing 50 50Perham Egg Ohio LLC 4/30/14 Village of Fort Recovery Mercer Servicing 41 0Peter Cremer North America, L.P. 7/15/14 City of Cincinnati Hamilton Servicing 50 117Pier 1 Imports (U.S.), Inc. 11/12/14 City of Grove City Franklin Servicing 165 133Pillar Technology Group, LLC 2/4/14 City of Columbus Franklin Servicing 40 56PolyOne Corporation 3/17/14 City of Greenville Darke Servicing 95 112Powerhouse Factories, LLC 8/15/14 City of Cincinnati Hamilton Servicing 30 27Production Control Units, Inc. 12/10/14 City of Moraine Montgomery Servicing 55 44

Purfoods LLC 2/19/14 Jackson Township, Austintown Township

Mahoning Servicing 100 0

Quanex IG Systems, Inc. 6/20/14 City of Cambridge Guernsey Servicing 162 170ReConserve of Ohio, Inc. 10/31/14 Claridon Township Marion Servicing 16 21Rhinegeist, LLC 9/12/14 City of Cincinnati Hamilton Servicing 40 15Royal Appliance Mfg. Co. 1/28/14 Village of Glenwillow Cuyahoga Servicing 212 397S&T Automotive America, LLC 4/10/14 City of Grove City Franklin Servicing 45 0Selman & Company, LLC 4/10/14 City of Mayfield Heights Cuyahoga Servicing 40 83SK Food Group, Inc. 6/17/14 City of Groveport Franklin Servicing 253 0

Sonoco Plastics, Inc. 8/26/14 City of New Albany Licking Servicing 100 0Southland Truck Center, Inc 11/18/14 City of Chillicothe Ross Servicing 50 14Speed Commerce Corp. 7/30/14 Etna Township Licking Servicing 250 242Speedway LLC 9/22/14 Mad River Township Clark Servicing 350 804Sunstar Engineering Americas, Inc. 2/19/14 City of Franklin Warren Servicing 14 111Surgical Appliance Industries, Inc. 1/28/14 City of Cincinnati Hamilton Servicing 48 160Techmetals, Inc. 9/4/14 City of Dayton Montgomery Servicing 22 122The Kroger Co. 3/17/14 City of Columbus Franklin Servicing 23 103Thirty-One Gifts, LLC 9/25/14 City of Springfield Clark Servicing 500 0Tour de Force CRM, Inc. 6/20/14 City of Findlay Hancock Servicing 21 28Trubridge Inc. 9/12/14 City of North Canton Stark Servicing 100 206TSS Technologies, Inc. 1/28/14 Village of Woodlawn Hamilton Servicing 50 104Unique-Chardan, Inc. 6/20/14 Village of Bryan Williams Servicing 30 52

Universal Fabricating & Construction Services, Inc. 12/1/14 City of Columbus Franklin Servicing 30 40

Valued Relationships, Inc. 5/21/14 City of Franklin Warren Servicing 125 134VEGA Americas, Inc. 4/18/14 City of Cincinnati Hamilton Servicing 30 192Vehtek Systems Inc. 8/20/14 City of Bowling Green Wood Servicing 250 161Venture Packaging Midwest, Inc. 10/2/14 Village of Monroeville Huron Servicing 45 350Viking Forge Corp. 8/11/14 City of Streetsboro Portage Servicing 40 131VXI Global Solutions, LLC 10/25/14 City of Forest Park Hamilton Servicing 200 0Walgreen Company 7/1/14 City of Perrysburg Wood Servicing 75 683Webster Industries, Inc. 10/27/14 City of Tiffin Seneca Approved 65 294WHAPPS L.L.C. 9/22/14 City of Cincinnati Hamilton Servicing 18 26Whirlpool Corporation 7/15/14 City of Greenville Darke Servicing 566 636Wiseco Piston Company, Inc. 11/4/14 City of Mentor Lake Servicing 100 200xperion E & E USA LLC 10/15/14 City of Heath Licking Servicing 59 0Zipscene, LLC 5/19/14 City of Cincinnati Hamilton Servicing 47 24Totals 11,687 17,113

Beneficiary/Borrower Name: Account Name Local Jurisdiction Project County Date Agreement Executed Program Phase Detail1600 North Main, LLC Fostoria Seneca 9/8/11 Terminated20/20 Custom Molded Plastics, Ltd. Holiday City Williams 6/2/10 Post Project Reporting2Checkout.com, Inc. (Project Payment) Columbus Franklin 9/23/11 Reporting3M Company Medina Medina 1/9/04 Closed3S, Incorporated Harrison Township Hamilton 12/3/10 ReportingA. Schulman, Inc. Akron Summit 9/3/09 ReportingA.M. Castle & Co. Fairfield Butler 4/5/04 ClosedA.M. Leonard, Inc. Piqua Miami 7/7/08 Post Project ReportingA.R.E., Inc. Massillon Stark 12/6/94 ClosedAbbott Laboratories, Ross Products Division Columbus Franklin 10/17/07 ReportingAbbott Laboratories, Ross Products Division Tipp Miami 8/7/12 ReportingABC Manufacturing, Inc. Malta Morgan 7/18/08 Terminated with ClawbackAbercrombie & Fitch Co. New Albany Franklin 1/6/11 ReportingAbercrombie & Fitch Management Co. New Albany Franklin 2/9/01 Post Project ReportingAbrasive Technology, Inc. Westerville Delaware 12/7/93 Completed

ABX Air, Inc. Wilmington Clinton 11/10/03 Terminated without Clawback

ABX Air, Inc. Wilmington Clinton 1/22/96 Terminated without Clawback

Accel, Inc. New Albany Licking 2/16/11 Reporting

Accubuilt, Inc. Lima Allen 3/16/06 Terminated without Clawback

ACI Industries Delaware Delaware 9/5/03 Terminated with Clawback

Action Group, Inc. Blacklick Franklin 8/10/07 Terminated without Clawback

AcuSport Corporation Bellefontaine Logan 2/4/13 ReportingAda Technologies Inc. Ada Hardin 2/15/01 ClosedAda Technologies Inc. Ada Hardin 9/16/13 Terminated

AddisonMcKee, Inc. Lebanon Warren 2/28/06 Terminated without Clawback

Adrian Sand & Stone, Inc. Genoa Ottawa 3/18/98 Terminated with ClawbackADS Alliance Data Systems, Inc. Columbus Franklin 10/8/08 Reporting

ADS Machinery Warren Trumbull 10/31/95 Terminated without Clawback

AdTech Systems Research, Inc. Beavercreek Greene 11/8/01 Terminated with Clawback

Advanced Access, Inc. Wilmington Clinton 6/5/98 Terminated without Clawback

Advanced Automotive Systems, Inc. Lorain Lorain 11/15/00 Terminated without Clawback

Advanced Bus Industries, Inc. Marysville Union 9/27/00 Terminated with Clawback

Job Creation Tax Credit Program - Status of Agreements Executed Prior to 2014

Advanced Elastomer Systems, L.P. Akron Summit 9/15/95 Post Project Reporting

Advanced Lighting Technologies, Inc. Solon Cuyahoga 10/8/03 Terminated without Clawback

Advanced Stores Company, Inc. Jeffersonville Fayette 4/9/97 Terminated without Clawback

AdvancePierre Foods, Inc. West Chester Township Butler 2/16/11 Reporting

AdvancePierre Foods, Inc. Cincinnati Hamilton 2/11/04 Terminated without Clawback

Advics Manufacturing Ohio, Inc. Lebanon Warren 4/22/08 Post Project ReportingAdvics Manufacturing Ohio, Inc. Lebanon Warren 6/26/04 Post Project Reporting

Aero Classics LLC Huron Erie 2/20/02 Terminated without Clawback

Aeronca, Inc. Middletown Butler 9/17/02 Terminated without Clawback

Aeroseal, LLC Centerville Montgomery 6/14/13 ReportingAetna Life Insurance Company New Albany Franklin 5/12/10 Reporting

AFC Tool Co., Inc. Fairborn Greene 3/9/98 Terminated without Clawback

Affymetrix, Inc. Warrensville Heights Cuyahoga 2/27/09 Terminated with ClawbackAGC Flat Glass North America, Inc. Bellefontaine Logan 1/2/13 Reporting

AGCO Corporation Coldwater Mercer 5/13/96 Terminated without Clawback

Ahresty Wilmington Corporation Wilmington Clinton 10/4/06 Post Project ReportingAhresty Wilmington Corporation Wilmington Clinton 11/10/11 ReportingAIDA - America Corporation Dayton Montgomery 12/9/99 Closed

AIDCO International Cincinnati Butler 8/27/08 Terminated without Clawback

Air Waves, Inc. Orange Township Delaware 2/1/96 CompletedAirborne Maintenance and Engineering Services, Inc. Wilmington Clinton 2/10/10 Reporting

Aircraft Landin Systems, Division of AlliedSignal Vandalia Montgomery 6/9/99 Terminated without Clawback

Airgas USA, LLC Independence Cuyahoga 8/6/12 ReportingAirstream, Inc. Jackson Center Shelby 12/9/10 Reporting

AJM Packaging Corporation Bellevue Sandusky 10/30/97 Terminated without Clawback

Akzo Nobel Functional Chemicals LLC Lima Allen 11/25/02 Post Project ReportingAkzo Nobel Paints LLC Dba ICI Paints Huron Erie 2/9/01 Completed

Aladdin Manufacturing Corp. Johnstown Licking 3/19/01 Terminated without Clawback

Albex Aluminum, Inc Canton Stark 9/10/98 Terminated with ClawbackALCOA Automotive Structures, Inc. Northwood Wood 7/8/96 Terminated with ClawbackAlcoa, Inc. Cuyahoga Heights Cuyahoga 5/4/00 Post Project ReportingAleris Ohio Management, Inc. Beachwood Cuyahoga 5/23/11 Post Project Reporting

Aleris Rolled Products, Inc Harrison Township Pickaway 10/21/11 ReportingAlex Products, Inc. Paulding Paulding 6/13/01 Post Project ReportingAlex Products, Inc. Ridgeville Corners Henry 1/10/01 ReportingAlex Products, Inc. Ridgeville Corners Henry 1/10/01 CompletedAlexander Mann Solutions Corporation Cleveland Cuyahoga 10/18/12 ReportingAlfred Nickles Bakery Bath Township Allen 1/24/05 Post Project ReportingAlgaeventure Systems, Inc. Marysville Union 5/16/11 CompletedAlien Technology Corporation Springboro Montgomery 5/29/09 CompletedAlkermes, Inc. Wilmington Clinton 9/23/09 Post Project ReportingAll American Homes of Ohio, LLC Zanesville Muskingum 8/29/03 Terminated with Clawback

All American Sports Corp. Elyria Lorain 11/16/99 Terminated without Clawback

All Service Plastic Molding, Inc. Vandalia Montgomery 5/9/12 ReportingAlliance Castings Company LLC Alliance Stark 6/13/13 Post Project ReportingAllied Machine & Engineering Corporation Perrysville Tuscarawas 12/14/12 ReportingAllied Mineral Products, Inc. Columbus Franklin 11/13/12 ReportingAllied Moulded Products, Inc. Bryan Williams 5/14/01 CompletedAllied Signal, Inc. Perrysburg Township Wood 2/2/94 CompletedAllTech Medical Systems America, Inc. Solon Cuyahoga 10/18/12 TerminatedAlphaport, Inc. Cleveland Cuyahoga 7/18/08 ReportingAlpine Metal Finishing Products Harrison Township Montgomery 9/15/13 TerminatedAlpla Inc. Lima Allen 6/13/11 Reporting

Alternative Services, Inc. Holland Lucas 3/18/98 Terminated without Clawback

Aluminite of Ohio, Inc. Perrysburg Wood 8/11/99 Terminated without Clawback

Amanda Bent Bolt Company Logan Hocking 11/24/10 ReportingAmano Cincinnati, Inc. Loveland Hamilton 2/27/09 Post Project ReportingAmantea Nonwovens, LLC Cincinnati Hamilton 3/5/07 Terminated with Clawback

Ambrosia Industries, Inc. Johnstown Licking 1/11/96 Terminated without Clawback

Amco Products, Inc. Dayton Montgomery 11/20/01 Terminated without Clawback

America Online, Inc. Columbus Franklin 12/3/01 CanceledAmerican Bottling Company, The Columbus Franklin 3/8/06 Post Project ReportingAmerican Eagle Airlines, Inc. Columbus Franklin 2/18/04 CompletedAmerican Engineering & Manufacturing, Inc. Lorain Lorain 11/22/11 TerminatedAmerican Fine Sinter Co., Ltd. Tiffin Seneca 6/27/06 Post Project Reporting

American Health Holding, Inc. Columbus Franklin 1/8/04 Terminated without Clawback

American Interiors Toledo Lucas 3/7/00 Terminated without Clawback

American Micro Products, Inc. Batavia Township Clermont 5/17/07 Post Project Reporting

American Micro Products, Inc. Batavia Township Clermont 1/22/96 Post Project Reporting

American Motorcycle Manufacturing, Inc. Reynoldsburg Licking 7/10/98 Terminated without Clawback

American Security Insurance Company Springfield Clark 12/20/13 ReportingAmerican Showa, Inc. Sunbury Delaware 7/27/06 Post Project Reporting

American Showa, Inc. Blanchester Clinton 5/16/00 Terminated without Clawback

American Steel & Wire Corp. 94 Cleveland Cuyahoga 1/29/98 Terminated without Clawback

American Systems Consulting, Inc. Dublin Franklin 10/27/04 Closed

Americold Logistics, LLC Massillon Stark 6/5/08 Terminated without Clawback

Ameridial, Inc. Jackson Township Stark 1/13/11 Post Project Reporting

Amerigraph LLC Columbus Franklin 11/26/03 Terminated without Clawback

AmeriSteel Bright Bar, Inc. Orrville Wayne 4/29/05 Post Project ReportingAmeriwood Industries, Inc. Tiffin Seneca 12/15/04 Closed

Ameriwood Industries, Inc. Tiffin Seneca 4/24/94 Terminated without Clawback

Amko Plastics Inc. 94 Cincinnati Hamilton 5/6/94 Terminated without Clawback

Amkotron Inc. Cincinnati Butler 6/6/06 Terminated without Clawback

Ampac Plastic LLC Springdale Hamilton 6/2/10 CompletedAmple Industries, Inc. Franklin Warren 7/17/01 ClosedAmTrust Financial Services, Inc. (or an affiliate) Cleveland Cuyahoga 8/30/12 ReportingAnchor Acquisition, LLC Lancaster Fairfield 7/6/99 CanceledAnchor Hocking Packinging Co. Cincinnati Hamilton 12/10/93 Terminated with ClawbackAnchor Hocking, LLC Lancaster Fairfield 9/11/09 ReportingAnda Pharmaceuticals, Inc. Groveport Franklin 3/5/04 Closed

Android Industries - Springfield L.L.C. Springfield Clark 3/29/06 Terminated without Clawback

Android Industries-Lordstown, LLC Vienna Trumbull 9/18/01 Terminated with ClawbackAnomatic Corporation New Albany Licking 9/9/11 ReportingApex Industrial Technologies LLC Mason Warren 3/4/13 ReportingAppleton Papers Inc. Dayton Montgomery 6/5/08 ExecutedApplied Innovation Inc. Dublin Franklin 5/24/96 Closed

Applied Vision Corporation Akron Summit 6/25/09 Terminated without Clawback

Aptalis Pharmatech, Inc. Vandalia Montgomery 7/18/08 ReportingAptima, Inc. Fairborn Greene 11/14/08 Post Project ReportingArcelorMittal Cleveland West Inc. Cleveland Cuyahoga 9/10/13 ReportingArcelorMittal Tailored Blanks Americas Pioneer Williams 11/13/06 Post Project Reporting

ArcelorMittal Tubular Products Marion, Inc. Marion Marion 1/15/09 Post Project ReportingArcelorMittal Tubular Products Shelby, LLC Shelby Richland 9/10/13 Post Project ReportingArchitectural Steel Products, Inc. North Jackson Mahoning 10/3/95 Terminated with ClawbackArdus Medical, Inc. Cincinnati Hamilton 8/13/03 Terminated with ClawbackAres Sportswear, Ltd. Hilliard Franklin 5/23/13 ReportingArisdyne Systems, Inc. Cleveland Cuyahoga 9/21/09 Post Project Reporting

Aristech Chemical Corporation Haverhill Scioto 4/5/94 Terminated without Clawback

Arminak & Associates, LLC New Albany Licking 2/8/13 ReportingArmor Consolidated, Inc. Mason Warren 11/16/09 ReportingArmstrong Air Conditioning, Inc. Bellevue Huron 4/18/03 Terminated with ClawbackArt.com Obetz Franklin 10/9/08 Post Project ReportingArtco Group International, Inc. Hannibal Monroe 12/9/08 Reporting

Arthur Middleton Capital Holdings, Inc. Plain Township, Massillon, Jackson Township

Stark 12/17/09 Post Project Reporting

Artiflex Manufacturing, LLC Clyde Sandusky 11/14/08 Post Project ReportingArtiflex Manufacturing, LLC Wooster Wayne 11/15/12 ReportingASC Industries, Inc. North Canton Summit 4/17/00 Post Project ReportingAscena Retail Group, Inc. Etna Township Licking 10/4/13 ReportingAshland, Inc. Dublin Franklin 9/6/01 Post Project Reporting

Ashland, Inc. Dublin Franklin 6/30/00 Terminated without Clawback

AssureRx Health, Inc. Mason Warren 5/3/12 ReportingA-Stamp Industries, LLC Bryan Williams 1/8/02 Post Project ReportingASTAR Air Cargo, Inc. Wilmington Clinton 2/11/08 Terminated with ClawbackAstro Shapes, Inc. Struthers Mahoning 6/1/95 Closed

ATD Corporation Vienna Trumbull 9/19/95 Terminated without Clawback

Athens Pastries & Frozen Foods, Inc. Brook Park Cuyahoga 1/11/94 Terminated without Clawback

Athersys, Inc. Cleveland Cuyahoga 11/17/00 Closed

ATK Space Systems, Inc. Dayton Greene 1/14/10 Terminated without Clawback

Atlantic Tool & Die Co. Sharon Center Medina 3/19/98 Completed

Atomic Dog Publishing, Inc. Cincinnati Hamilton 1/8/03 Terminated without Clawback

Atos IT Solutions and Services, Inc. Deerfield Township Warren 11/30/95 Post Project ReportingAtrium Assembly Corporation Johnstown Licking 4/14/10 Terminated

ATS Ohio, Inc. Lewis Center Delaware 5/27/05 Terminated without Clawback

Attachmate Corporation Loveland Clermont 5/26/00 Terminated without Clawback

Audiopack Technologies, Inc. Cleveland Cuyahoga 12/22/03 Terminated with Clawback

Automated Building Components, Inc. Dayton Montgomery 2/22/06 Terminated without Clawback

Automated Packaging Systems, Inc. Streetsboro Portage 9/8/11 Reporting

Automatic Feed Company Napoleon Henry 12/1/97 Terminated without Clawback

AutoTool, Inc. Jerome Township Union 11/13/12 ReportingAutoZone, Inc. Perry Township Muskingum 7/13/07 Post Project ReportingAvery Dennison Corporation Mentor Lake 8/3/94 ClosedAvon Bearings Corporation Avon Lorain 5/21/13 ReportingAvon Products, Inc. Washington Township Muskingum 10/17/07 ReportingAvure Technologies, Incorporated Middletown Butler 6/27/13 ServicingAxium Plastics, LLC New Albany Licking 5/21/13 ReportingB & C Research Inc. Barberton Summit 9/29/11 ReportingBAE Systems Survivability Systems LLC West Chester Township Butler 12/2/09 Terminated with ClawbackBaerlocher Production USA, LLC Cincinnati Hamilton 2/7/02 Post Project ReportingBailey-PVS Oxides, L.L.C. Delta Fulton 12/1/98 Closed

Baker Concrete Construction, Inc. Monroe Butler 9/18/01 Terminated without Clawback

Ball Aerosol and Specialty Container Inc. Hubbard Trumbull 2/27/09 ClosedBanner Metals Group, Inc. Columbus Franklin 3/14/12 TerminatedBanta Corporation Greenfield Highland 1/25/10 TerminatedBarbasol, LLC Ashland, Dublin Ashland 10/28/11 ReportingBarco, Inc. Xenia Greene 7/29/09 RetentionBardwil Industries, Inc. Columbus Franklin 9/23/10 Post Project ReportingBare Escentuals Beauty, Inc. Obetz Franklin 8/1/08 Post Project ReportingBare Escentuals Beauty, Inc. Obetz Franklin 10/18/12 ReportingBarnes Aerospace Division of Barnes Group Inc. West Chester Township Butler 4/12/04 Post Project ReportingBarnes Group. Inc. (dba Barnes Distribution) Cleveland Cuyahoga 8/27/09 Closed

Basco Manufacturing Company Mason Warren 6/27/05 Terminated without Clawback

BASF Corporation Elyria Lorain 2/11/11 ReportingBatavia Transmission, LLC Batavia Township Clermont 3/23/06 Terminated

BDC Management Group, LLC Richfield Summit 7/30/08 Terminated without Clawback

BEC Laboratories Toledo Lucas 1/12/94 Terminated without Clawback

BEF Foods, Inc. Lima Allen 5/31/12 ReportingBEF Management, Inc. New Albany Franklin 10/3/11 ReportingBelletech Corp. Bellefontaine Logan 6/19/96 ClosedBellisio Foods, Inc. Jackson Jackson 11/12/10 TerminatedBen Venue Laboratories, Inc. Bedford Cuyahoga 6/6/07 Terminated with Clawback

Benchmark Precision Fab., Inc. Spencerville Allen 2/6/98 Terminated without Clawback

Benjamin Steel Co. Inc. Lima Allen 6/2/99 Terminated without Clawback

Berman Printing Company Cincinnati Hamilton 8/3/94 CompletedBest Buy Co., Inc. Findlay Hancock 8/15/97 Post Project ReportingBettcher Industries, Inc. Florence Township Erie 2/3/12 ReportingBiery Cheese Co. Nimishillen Township Stark 9/12/05 CompletedBig Lots Stores, Inc. Columbus Franklin 4/5/04 Post Project ReportingBig Lots Stores, Inc. Columbus Franklin 4/5/04 Post Project ReportingBig Sandy Distribution, Inc. Green Township Scioto 1/11/12 ReportingBilco Company Zanesville Guernsey 9/13/12 Post Project Reporting

BioCrystal, Ltd. Westerville Delaware 12/6/01 Terminated without Clawback

Bioformix, Inc. Miami Township Clermont 3/19/12 ReportingBird Electronic Corporation Solon Cuyahoga 5/31/09 Post Project ReportingBlack Clawson-Sano, Inc. Amelia Clermont 12/15/95 Terminated with ClawbackBlastmaster Holdings USA, LLC Columbus Franklin 12/6/11 Reporting

Blue Ridge Paper Products Olmsted Falls Cuyahoga 10/8/03 Terminated without Clawback

Bluemile, Inc. New Albany Franklin 5/26/11 Terminated

Bluespring Solutions, Inc. Cincinnati Hamilton 4/17/02 Terminated without Clawback

BMW Financial Services NA, LLC Hilliard Franklin 8/27/10 Post Project ReportingBorders, Inc. Grove City Franklin 8/6/97 ClosedBound Tree Medical, LLC Dublin Franklin 11/20/06 Closed

Braun Industries, Inc. Van Wert Van Wert 2/27/02 Terminated without Clawback

Brazing Concepts Company Fairfield Butler 7/29/03 Terminated with ClawbackBridge Worldwide, LLC Cincinnati Hamilton 7/3/07 CompletedBridgestone APM Company Upper Sandusky Wyandot 11/7/00 ClosedBridgestone APM Company Upper Sandusky Wood 12/28/01 Post Project ReportingBridgestone APM Company Upper Sandusky Wyandot 5/21/13 Rep

2015 annual report - ohio development services agency€¦ · ohio development services agency 2015...

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