YOUNGSTOWN Tax abatements



Youngstown Enterprise Zone tax abatements 2001 annual report*:
CompanyJobs Jobs Committed Real property Personal property Percentage Year promisedretained orannual payrollinvestment investment abatementgranted/createdtransferred made promised/madepromised/madeAccuForm Pattern Inc.18/87$500,000 $600,000/$720,000 $400,000/$700,000 75%2000
Airborne Express**45/00$747,757 $515,000/$576,483 $200,000/$78,477 75%1991
Allied Consolidated50/687$3,385,000 $3,000,000/$3,486,325 $500,000/$445,250 100%1994
B & amp;B Contractors and Developers6/718$900,000 $700,000/$945,338 $150,000/$420,024 100%1994
Berry Distributing24/922$820,229 $240,000/$442,944 $265,000/$338,700 100%1994
Boston Metal Products Corp.25/420$975,000 $-/$- $1,430,000/$2,887,967 100%1992
BRILEX Industries10/14.516.5$825,000 $-/$- $420,000/$190,392 75%2000
Cantar/Polyair Corp.150/11863$3,850,000 $4,000,000/$4,907,859 $5,500,000/$4,874,257 100%1994
Coronado Steel Co.5/414$398,000 $189,500/$100,000 $45,500/$- 75%2000
Crab Creek Industrial Village18/850$360,000 $1,000,000/$802,000 $300,000/$325,000 100%1994
D & amp;L Energy Inc.10/812$470,620 $430,000/$430,000 $40,000/$- 100%1996
Diver Steel City Tire Shredder3/036$726,844 $-/$- $510,000/$510,000 63%1993
Entire-Enviro Inc.40/00$802,600 $800,000/$- $2,325,00075%1999
Exal Corp.125/1160$3,000,000 $3,000,000/$680,389 $16,100,000/$50,476,081 100%1994
FFAP Limited4/46$370,000 $500,000/$344,249 $50,000/$18,178 75%2000
Fab-Art Inc.10/1060$1,347,392 $431,000/$431,000 $600,000/$600,000 100%1993
Federal Express0/00$0 $1,200,000/$1,355,000 $-/$- 100%1992
Fireline Inc.12/1049$1,358,111 $465,000/$404,101 $535,000/$712,084 100%1996
Fireline Inc. II3/218$646,500 $322,100/$345,000 $1,409,895/$750,532 75%2000
Gasser Chair Co.52/650$914,000 $1,925,000/$1,252,441 $800,000/$1,588,833 100%1994
GBS Computer Systems20/1235$1,819,700 $729,600/$1,048,152 $1,900,000/$1,039,000 100%1991
Rural Metro Ambulance15/3157$3,926,988 $419,500/$- $442,500/$- 75%2001
Graybar Electric Co.5/1120$730,000 $700,000/$1,202,945 $1,100,000/$1,443,959 100%1991
Graybar Electric Co. II Industrial Mill45/550$1,000,000 $6,700,000/$7,024,000 $21,050,000/$24,068,000 75%2000
Maintenance Inc.6/366$245,000 $190,000/$131,789 $130,000/$297,500 83%1991
Insulated Glass Specialties8/1277$1,736,000 $3,000,000/$3,400,000 $200,000/$120,000 75%2000
Kiraly Tool and Die Inc.8/70$180,000 $90,000/$95,316 $142,000/$95,785 75%2001
LM Engineering Inc./Precision Foam Fabrication Inc.25/2228.5$1,106,000 $850,000/$1,500,000 $241,000/$353,142 75%2000
McCourt Construction116/11400 full time$3,300,000$4,700,000/$100,000$2,200,000 /$6,165,50875%2001600 seasonal
Millbrook Distribution Services (formerly Miller Buckeye Biscuit Co.)6/40253$4,100,000 $250,000/$902,500 $1,350,000/$609,000 100%1997
Nannicola Wholesale Co.n/a/741$996,369 n/a/$1,540,500 n/a/$932,384 100%1997
North Star Steel1/1434$14,667,500 $2,406,000/$- $28,882,000/$28,359,569 75%1999
Northern States Metals200/3620$4,500,000 $2,500,000/$2,559,032 $2,500,000/$1,338,437 100%1994
Paragon Industries35/13545$901,768 $-/$- $250,000/$966,432 100%1994
Parker Hannifin (Commercial Intertech)50/076$4,522,744 $5,600,000/$5,737,997 $5,550,000/$40,114 100%1994
Precision Platen Machine2.5/80$105,000 $500,000/$534,310 $655,000/$518,232 75%1999
R.A.S. Manufacturing Co.50/2742$1,935,000 $2,520,000/$2,699,231 $580,000/$844,942 100%1997
Redlich Auto Service Inc.7/39$150,000 $415,000/$550,000 $125,000/$236,000 100%1996
Republic Ceiling SystemsDistributors (Republic Gypsum Supply Co.)16/130$459,000$420,000/$486,500 $310,000/$598,500 63%1991
Roehlen Industries3/328$982,000 $260,000 /$341,000 $50,000/$120,000 63%1991
Rohan & amp; Joseph Management (PPG Industries)3/05$182,200$90,000/$- $-/$- 100%1993
Schenley Properties39/250$889,536$2,800,000 /$3,250,000$275,000/NA 75%2000(Combined with real property )/NA
Schoen Industries6/70$100,000$-/$111,069 $70,000/$48,163 100%1996
Struthers Metal Service12/108$318,814$500,000/$856,146 $55,000/$558,369 100%1994
Taylor-Winfield Corp.10/1574$1,365,000 $5,000,000/$5,900,000 $2,500,000/$2,283,310 100%1997
Timekap Inc.4/22$210,000$270,650 /$212,011 $44,600/$3,695 75%2001
Toys "R" Us90/22675$2,700,000$8,000,000 /$10,642,000 $21,000,000/$57,745,122 100%1991
Tri-State Laboratories12/019$600,000$600,000/$600,000 $300,000/$300,000 100%1992
United Foundries0/n/a101$3,200,000$-/$- $2,500,000/$1,424,781 75%1999
WACO Scaffolding & amp; Equipment14.5/412$635,000$600,000/$600,000 $500,000/$1,250,000 75%2000
Youngstown Rubber Products10/213$495,000 $175,000/$195,000 $500,000/$50,000 100%1994
Youngstown Sinter Co.70/630$1,675,000 $865,000/$234,184 $9,135,000/$9,231,721 63%1991
Totals1,499 /1,305 1,989 $82,130,672$70,468,350/$69,676,811 $136,117,495/$205,957,440
* Involves abatements granted between 1991 and 2001.
** An independent trucking contractor employs drivers under an agreement with the company. City income tax shows 35 trucking employees and three Airborne workers.