Schneider Electric Receives Ohio Tax Credit Approval
Ohio Tax Credit Authority | State of OhioState · Columbus, OH- Disclosed value
- 1.508% tax exemption; $15,002,000 new annual payroll; $38,256,884 retained payroll
- From minutes
- Approved
- Dec 16, 2024
- Renews
- Free account
The 30-second brief
The Ohio Tax Credit Authority approved a 10-year, 1.508% tax exemption for Schneider Electric Usa, Inc. The company committed to creating 250 full-time equivalent jobs and generating $15.002 million in new annual payroll.
Schneider Electric USA Inc holds this contract with Ohio Tax Credit Authority | State of Ohio. Its other public contracts on record include work for City of Conroe and Grand River Dam Authority | State of Oklahoma.
The renewal date is on record. Get free alerts for pre-RFPs like this one, matched to what you sell.
Get pre-RFPs for work like this before the bid is out.
Get pre-RFP alerts freeFree account · 30-second setup · No credit card
Contract details
- Amount
- 1.508% tax exemption; $15,002,000 new annual payroll; $38,256,884 retained payroll
- Document date
- December 16, 2024
- Term
- January 1, 2025 – December 31, 2034; 10 years
- Renews
- On record
- Source document
- Ohio Tax Credit Authority Minutes 2024-12-16 (Minutes)
Schneider Electric USA Inc's other public contracts
More Ohio Tax Credit Authority | State of Ohio contracts
Questions about this contract
Who was awarded the government contract by Ohio Tax Credit Authority | State of Ohio?
Schneider Electric USA Inc was awarded this government contract by Ohio Tax Credit Authority | State of Ohio, as recorded on December 16, 2024. The contract value is 1.508% tax exemption; $15,002,000 new annual payroll; $38,256,884 retained payroll.
How much is the Schneider Electric USA Inc contract with Ohio Tax Credit Authority | State of Ohio worth?
The Schneider Electric USA Inc contract with Ohio Tax Credit Authority | State of Ohio is valued at 1.508% tax exemption; $15,002,000 new annual payroll; $38,256,884 retained payroll.
What type of contract is this?
This is a government contract, documented as a minutes record.
Where was this contract approved?
This contract appears in Ohio Tax Credit Authority Minutes 2024-12-16 (Minutes), dated December 16, 2024 from Ohio Tax Credit Authority | State of Ohio. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
Show 2 more questions
What other contracts does Schneider Electric USA Inc hold?
Schneider Electric USA Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Ohio Tax Credit Authority | State of Ohio currently buying?
Explore Ohio Tax Credit Authority | State of Ohio's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.