COLUMBUS, Ohio (COLUMBUS BUSINESS FIRST) — A project promising 4,000 new jobs and $2 billion in potential economic impact is getting major incentive support from the state.
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.
The project could create an estimated $530.3 million in annual payroll if it hits its employment goal of 4,008 full-time equivalent workers by 2035, according to a project scope shared by the state.
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