Friday Night
74°
Thunderstorms Likely
76%
Saturday
87°
Thunderstorms
80%
Saturday Night
72°
Chance Thunderstorms
41%
Sunday
86°
Slight Chance Thunderstorms
20%
Sunday Night
67°
Partly Cloudy
10%
Monday
79°
Partly Sunny
11%
Monday Night
60°
Partly Cloudy
5%
Tuesday
80°
Mostly Sunny
5%
Tuesday Night
62°
Mostly Clear
5%
Wednesday
84°
Slight Chance Thunderstorms
16%
Wednesday Night
67°
Slight Chance Thunderstorms
20%
3 Day
Extended
Tuesday, February 26th, 2013

Ferguson nets tax credit for new Celina facility

By Shelley Grieshop
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.
Ferguson expects to create 70 full-time jobs when the company opens a 400,000-square-foot facility at the corner of state Route 29 and Harris Road.
Mercer County Economic Development Director Jared Ebbing was in attendance at the Ohio TCA meeting with JobsOhio when the tax credit was announced. It brings the project one step closer, he said.
"We are very much looking forward to welcoming Ferguson Enterprises to this area as we believe this is a great company addition for the region as a whole," Ebbing said.
A timeline for construction has not been released.
Ferguson, founded in 1953, boasts $9.7 billion in annual sales. The company is considered the largest U.S. distributor of plumbing supplies and pipe, valves and fittings. It is the third largest distributor of heating and cooling equipment and the second largest company within the waterworks industry.
Ferguson is headquartered in Newport News, Va., and has 11 other distribution centers and 300 showrooms in the U.S.
Additional online story on this date
CELINA - The looming sequestration - federal funding cuts dawning Friday if Congress and President Obama don't cut a deal - could impact services locally. [More]
Subscriber only stories on this date
Council: Building purchase once-in-a-lifetime opportunity
County FSA offices may be affected
Street construction project nears final approval
Council members give approval to seek Safe Routes to School grant
Flotilla hopes to recruit new members
Finishing touches put on annual banquet
Anonymous complaint leads to charges of falsifying timecard
Renovation projects evaluated by council
Coldwater's Collett and Post excited for opportunity at state
Lakers have more depth in year two