Ohio Governor Mike DeWine and Ohio Department of Development Director Lydia Mihalik announced the approval of significant state tax incentives
The Ohio Tax Credit Authority greenlit a 2.59% refundable Job Creation Tax Credit on Monday for Anduril Industries, with terms that begin in 2026 and end in 2055.
Ohio’s largest single job creation project in state history could receive more than $450 million in tax breaks.
Part of US-23 to the south of Columbus was closed down in both directions on Saturday afternoon due to a police incident.The Ohio State Highway Patrol said a su
President Donald Trump’s executive order to freeze most federal grants and loans has thrown Ohio and other states into sudden uncertainty about whether major state-level programs and services could be interrupted or even permanently reduced in size.
COLUMBUS, Ohio (WKBN) — Two big projects in Ohio are set to receive millions of dollars in tax breaks to set up shop in the state.
The project, expected to bring over 4,000 new jobs to Ohio by 2035, marks the largest single job creation and new payroll initiative in the state's history.
Ohio Governor Mike DeWine announced Anduril Industries will be building a new manufacturing plant in Pickaway County that will add more jobs than any previous project in Ohio history.
Anduril Industries to build a significant defense tech facility in Ohio, potentially creating over 4,000 jobs by 2035.
Anduril Industries will build a five-million-square-foot facility called Arsenal-1, hoping to bring more than 4,000 new production and service jobs to Ohio by 2035.
Anduril’s factory just south of Rickenbacker International Airport is expected to generate an additional 4,500 jobs among suppliers, services and indirect employment. Overall, the Ohio Department of Development projects $2 billion in economic activity and $800 million in tax revenue, according to a press release.
The Ohio Tax Credit Authority Monday approved a 30-year, 2.594% Job Creation Tax Credit for Anduril Industries Inc., which plans to build a 500-acre manufacturing complex in northern Pickaway County that could grow to 5 million square feet over time. The estimated value of the tax credit over its term and if all goals are met is $452.2 million.