Kao Brands, Portion Pac win job creation tax credits

Three local companies have been awarded job creation tax credits from the Ohio Department of Development.

Kao Brands Company has been awarded a seven-year, 45 percent tax credit for the acquisition of machinery, equipment and property improvements that is expected to create 30 new positions and retain 449 jobs.

Portion Pac, a division of H.J. Heinz Company, has been awarded a five-year, 45 percent tax credit for the expansion of its Mason facility, a project expected to create 25 new positions and retain 442 jobs.

St. Bernard Soap Company has been awarded a six-year, 45 percent tax credit for the acquisitions of machinery and equipment, creating 25 jobs and retaining 296 positions.

Read the full release here.
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