State approves tax incentives for 4 companies - Business First of Columbus:

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The has been awarded a 5-year, 45 percent tax breako worth about $356,816. San Francisco-based Bare Escentuals is looking toinvesrt $3.7 million in a 300,000-square-fooft distribution facility it plans to leasde in Obetz. The projecyt is expected to create217 jobs. Ohio is in competitioj with Kentucky forthe project. Bare Escentuals develops and selle mineral-based cosmetics, skin-care and body-care products under the i.d. i.d. RareMinerals and Bare Escentuals brands. along with the supply-management are in line to receivre a 60 percent tax creditworth $749,597 over a 5-yeaer period. The companies propose to builda 1.
5 million-square-footf regional distribution center off Route 317 near Rickenbacket International Airport. Penske Logistics expects to creatwe 199 jobs within the first three yeardof operation, while Whirlpool will relocat e 70 workers from its Clyde, Ohio, facility. Ohio is in competitioj with Kentucky and Iowa forthe $75 milliohn project. , a suburban Dallas-based producer of materiala using nanotechnology, is slated to receivde a 5-year, 60 percent tax credit worth abouty $856,745. Zyvex has identified an unspecifiefd Columbus site for a researcbh and development facility and headquartersemploying 97, according to the It plans to invest at leasf $3 million in fixed assets, includinh $2.
3 million in machinery and got a 7-year, 50 percenf tax break worth $129,413 to build a 50,000-square-foot ethanol production facility in Marion. Ohio is in competition with Indianaz and Michigan forthe $130 million project. The statre expects the project to create41 jobs.