Rep. Anielski Announces State Approval Of Ohio Tax Authority Project
Expected to Bring 23 Full-Time Jobs to Cleveland, Independence, and Walton Hills
 
 
COLUMBUS - 

State Representative Marlene Anielski (R-Walton Hills) has announced that the Ohio Tax Credit Authority (TCA) has approved a project that is expected to create 23 new full-time jobs at Polymer Additives, Inc, a company that provides special chemicals that add properties to polymers in order to increase manufacturing and product performance.


During its monthly meeting, held on March 30th, the TCA approved a 40-percent, six-year Job Creation Tax Credit for the project. In addition to creating 23 full-time jobs, the expansion is also expected to generate $2.3 million in additional annual payroll and retain $10 million in existing payroll as a result of the company’s expansion project in Independence, Cleveland and Walton Hills.


“Polymer Additives, Inc., a division of Ferro Corporation, will soon be bringing more jobs to Cuyahoga County and this move highlights our continued efforts to promote a competitive, business-friendly economic climate to encourage job creation all across Ohio,” said Rep. Anielski. “Economic development has been and will continue to be a top priority for myself and the State of Ohio.”


This is one of 12 approved projects statewide, which are expected to create 661 jobs and result in more than $31 million in new payroll.

 
 
 
  
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