Ohio Tax Credit Authority Taking Action Against Company

By
Fred Kight

Dateline
Updated Wed, Dec 12, 2012 9:51 am

The Ohio Tax Credit Authority is taking action against a Morgan County company which failed to live up to the promise it made in order to receive a tax incentive.

The company is ABC Manufacturing.

A news release from the governor's office says the "remedial action" demonstrates "the Administration's commitment to hold companies accountable for the job creation, retention and wages they promise."

A tax credit given to ABC is being reduced from a six year time period to four years.

The news release says similar actions were taken earlier this year against three other companies in Southeast Ohio: EMCO USA of Muskingum County; Engines Incorporated of Ohio in Lawrence County and Bilco Company of Muskingum County.

Another company in Washington County is being asked to return a grant of almost $132,000.

E2E Serwiz Solutions also did not abide by its promise to the Tax Credit Authority, according to the news release, which says the matter was referred to the Ohio Attorney General's Office.

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