Thermo Fisher Scientific Asheville gets tax credits for job creation – in Ohio

Jason Sandford

Jason Sandford is a reporter, writer, blogger and photographer interested in all things Asheville.

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Too bad these jobs aren’t in Asheville. Story here:

COLUMBUS – Governor Ted Strickland and Lisa Patt-McDaniel, Director of the Ohio Department of Development, have announced that the Ohio Tax Credit Authority has approved Job Creation Tax Credits for 15 businesses involved in projects that, if located in Ohio, are expected to create 1,412 positions and retain 2,613 jobs for Ohioans.

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Thermo Fisher Scientific Asheville, LLC has been awarded a 50 percent job creation tax credit for a seven-year term as a result of the company’s expansion in the City of Marietta (Washington County). The value of the tax credit is estimated at $328,832 over the term, and the company would be required to maintain operations at the project site for 10 years. Thermo Fisher, originally founded under the name Thermo Forma, is a vertically integrated manufacturer of specialty cold storage equipment such as freezers and refrigeration for the medical and research laboratory markets. This $1.7 million project is expected to create 116 positions and retain 480 jobs.