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.