The state has approved a tax deduction for California’s defense contractor, planning to build a weapon factory in Pikaway County, which is approaching $ 5 billion on Monday.
According to the conditions unanimously approved by Ohio’s tax deduction authorities, the company’s Anduril Industries will receive a 30 -year tax deduction equivalent to $ 452 million. The final value of tax deduction depends on the number and scale of the created salary.
“This is a great project,” said Susan Rectopo, the highest investment in the Ohio Development Ministry of Development. “It’s very exciting not only for Central Ohio, but also for the whole state.”
Details: How did Andril, a defense contractor, decided to build a large weapon factory in Ohio?
Two weeks ago, Anduril announced that it is planning to build about $ 900 million in the RickenBacker International AIRPORT composite facilities to build drones, missiles, and other suspected military weapons for other high -tech.
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The company plans to first remodel an existing 700,000 square -foot building with the goal of starting production by mid -2026. The investment will continue with a new complex that can grow 5 million square feet at 500 acres. When it is estimated in 2035, this complex employs 4,008 workers with an average time of $ 63.61, an average annual salary of $ 132,000.
This factory, called the “Arsenal-1”, will be the largest employment creation project in Ohio history, according to state authorities.
“Andril is not only revolutionized in the American defense industry, but also participates in the waves of coastal companies that expand to Ohio and have several million dollars and millions of dollars,” he said. The governor said on a Monday news release about the tax break.
What is Andril? What do you know about Defense High -Tech Companies that bring 4,000 employment to Ohio?
The tax deduction scheduled to be executed from 2026 to 2055 is the first that is expected to be some incentives in the project.
Andrill also receives subsidies and other incentives from the state economic development company Jobsohio. In addition, Pickaway county will require $ 70 million from Ohio’s future All Future Fund to support the preparation of the project site.
The Tax Deduction Bureau on Monday has approved a tax cut on another Pickaway county project. This is the BJ’s wholesale club distribution center at a commercial point where 250 workers are expected to hire. Tax deduction is estimated $ 1.94 million.
jweiker@dispatch.com
@jimweiker
