CELINA - Plumbing supply giant Ferguson on Monday was tapped for a 45 percent state tax credit for its proposed business east of the city.
The company was one of seven across the state approved for tax breaks by the Ohio Tax Credit Authority.
The eight-year tax credit hinges on Ferguson's creation of a $1.7 million annual payroll within three years. Other terms of the deal require the company to maintain operations at the new site for at least 11 years. [More]