The Ohio Tax Credit Authority recently granted incentives to Southwest Ohio companies Everything But The House (EBTH) and Rotex Global LLC to “create more than 295 new jobs, retain 262 jobs and complete more than $1.1 million of capital investment” between them, Cincinnati.com reports. This is the second time in less than a year that EBTH received a tax credit (see our October 20, 2015 blog post) as the company continues to experience rapid growth. EBTH plans to “add 275 employees at a new distribution center,” generating about $7.7 million in annual payroll while retaining another $3.3 million. Rotex “plans to increase its production capacity in the city”; the incentives “help secure an investment locally instead of in China,” according to the article. Rotex will generate an additional annual payroll of “about $867,616” and retain $9.9 million. Kimm Coyner, managing director of projects and JobsOhio liaison for REDI Cincinnati, said in a release, “[w]hen strong companies like these commit to growing and hiring people here, our regional economy thrives.”
