Updated Mon, Mar 26, 2012 4:51 pm
Twelve projects that are expected to create 1,580 new jobs and retain 1,936 jobs in the state were approved today by the Ohio Tax Credit Authority (TCA).
Gov. John Kasich's office says the projects will result in an estimated $76.1 million in new payroll and more than $328 million in new capital investment.
"Ohio continues to move the needle in the right direction when it comes to job creation," said Gov. Kasich. "The reforms we've made and the policies we continue to pursue are focused entirely on creating an enviornment in which job creators can succeed, and we're seeing results. Knowing nearly 1,600 families around the state will be helped by these projects is really fantastic."
Of the more than 1500 jobs that will be created, Quantum Health, Inc. will create 525 full-time positions, Republic Steel and Republic N&T Railroad, Inc. in Loraine County will create 449 full-time positions and Abbott Laboratories in Miami County will create 241 full-time positions. Nine other Ohio companies will also create new jobs.