State Rep. Jessica E. Miranda (D-Forest Park) today announced JobsOhio and regional partner REDI Cincinnati recently approved a 2.211 percent, nine-year Job Creation Tax Credit for Belcan LLC in Cincinnati.
“JobsOhio and REDI Cincinnati’s Job Creation Tax Credit program has shown to be the gift that keeps on giving,” said Miranda. “Economic development opportunities like these help to build a brighter future for the people of District 28. I am excited to see what the future holds for Belcan LLC, and look forward to more high quality jobs coming to my district.”
Belcan LLC provides engineering project management and technical staffing solutions. With the Job Creation Tax Credit, Belcan LLC anticipates to create 200 full-time positions, generating $15 million in new annual payroll and retaining $42.5 million in existing payroll.
This local project is among 102 total Job Creation Tax Credit projects selected by JobsOhio and REDI Cincinnati, symbolizing over 8,100 new jobs and $762,856,218 in new fixed assets investment commitment to House District 28.