COLUMBUS – Rep. Jessica E. Miranda (D-Forest Park) announced today that the Ohio Tax Credit Authority (TCA) approved economic development proposals, including an expansion project by The Hillman Group Inc. in Forest Park. The Hillman Group Inc. expects to create 60 full-time positions, generating $6 million in new annual payroll and retaining $14 million in existing payroll.
“This expansion project is thrilling news for the #Great28,” said Rep. Miranda. “I am grateful that the Ohio Tax Credit Authority is prioritizing our great community so that it continues to thrive and be the best place to live, run a business, and raise a family.”
The Hillman Group Inc. was founded as a fastener company and has branched out into a diverse entity, serving the consumers’ everyday needs with common products for commercial and residential uses, as well as offering service and merchandising aids.
The TCA approved a 1.783% eight-year Job Creation Tax Credit for this project.