Two West Chester Township businesses are planning expansions with the help of tax incentives.
Trustees on Tuesday approved Ohio Enterprise Zone applications for Contingent Network Services and Systecon Inc. They now go before the Butler County Board of Commissioners and the Ohio Tax Credit Authority for final approval.
“Development incentives are tools not only for attracting high quality investments to the community, but also for retaining quality investment and encouraging investment,’’ said Judi Boyko, township administrator.
“Every attracted and retained corporate investment in the community represents new growth in the local economy. Corporate stakeholders bring new jobs, conduct business with other local companies, patron local retail services…and fund township services and our local schools.”
Contingent Network Systems is planning a $5.4 million expansion of its Port Union Road headquarters campus. It includes construction of a 75,000 square foot building at a cost of $4.5 million.
With the expansion, 120 full-time jobs will be retained and 75 full-time jobs would be added. The average employee salary is about $65,000.
Contigent specializes in managed secure area networks, integration logistics and maintenance. Its clients include Procter and Gamble, Draft, Barnes and Noble and Chick-fil-A.
Trustees agreed to a 65 percent abatement on property for eight years. The Lakota Schools would receive $22,600 on the exempted portion of the property and $24,376 on the nonexempted portion of the project under the agreement.
Systecon is planning a $2.7 million project that includes a 50,000 square foot addition at its Schumacher Park Drive facility at a cost of $2.1 million. About 81 jobs would be added.
That agreement includes a 55 percent abatement on property for seven years. It calls for the Lakota Schools to receive $8,938 annually on the abated portion of the project and $14,626 annually on the unabated portion.
Systecon manufactures HVAC systems used in schools, hospitals, libraries and airports. Its clients include General Motors, Eli Lilly, Wal-Mart and Procter and Gamble.
Butler County commissioners are expected to consider both requests Thursday.