Pre-existing Guernsey County Community Reinvestment Area
Guernsey County is one of a few Ohio counties that can continue to offer Community Reinvestment Area tax abatements of 100% of applicable real property tax for 15 years (12 years for retail and commercial projects) for qualifying construction. This applies only to the geographical area in the certified Guernsey County Community Reinvestment Area as of July 1, 1994.
NOTE: Land cost excluded
NOTE: Land cost excluded
The Foreign Trade Zone area includes 130 of the 217-acre D.O. Hall Business Park.
A Foreign Trade Zone (FTZ) is a tool that companies use to increase their global competitiveness. An FTZ is a site within the U.S. that is legally considered outside of Customs territory so goods may be brought into the site duty-free and without formal Customs entry. Once merchandise has moved into an FTZ, companies can perform any process, such as repackaging or assembly, to prepare it for distribution within the U.S. or exportation.
By operating in an FTZ, companies have realized significant savings. These benefits translate directly into clear competitive advantage over manufacturing plants located outside the U.S. Specific cost-saving, profit boosting benefits to having operations in an FTZ include:
Duty and Tax Savings:
Fees:
RBEG Revolving Loan Program
Wrap-Around Bonding
Project Involvement
Community Reinvestment Area
The Community Reinvestment Area includes the city of Cambridge and portions of Guernsey County.
Rural Enterprise Zone
The Rural Enterprise Zone includes all Guernsey County Townships and the City of Cambridge and the Village of Byesville.
Foreign Trade Zone
The Foreign Trade Zone area includes 130 of the 217-acre D.O. Hall Business Park.
State Incentives
The State of Ohio offers several loan and grant opportunities attractive to business development. These may be accessed through initial contact with the Community Improvement Corporation or Port Authority. We will act as your liaison with Ohio Southeast Economic Development, which is the regional network partner for JobsOhio. This team will ensure that you are apprised of all incentive and loan programs available at the State level, to include: Job Creation Tax Credits, 166 Direct Loans, and training grants to name a few. Information regarding these programs is posted on the JobsOhio web site at www.jobsohio.com. State or local application fees may be applicable for some programs.
Pre-existing Guernsey County Community Reinvestment Area
Guernsey County is one of a few Ohio counties that can continue to offer Community Reinvestment Area tax abatements of 100% of applicable real property tax for 15 years (12 years for retail and commercial projects) for qualifying construction. This applies only to the geographical area in the certified Guernsey County Community Reinvestment Area as of July 1, 1994.
NOTE: Land cost excluded
NOTE: Land cost excluded
The Foreign Trade Zone area includes 130 of the 217-acre D.O. Hall Business Park.
A Foreign Trade Zone (FTZ) is a tool that companies use to increase their global competitiveness. An FTZ is a site within the U.S. that is legally considered outside of Customs territory so goods may be brought into the site duty-free and without formal Customs entry. Once merchandise has moved into an FTZ, companies can perform any process, such as repackaging or assembly, to prepare it for distribution within the U.S. or exportation.
By operating in an FTZ, companies have realized significant savings. These benefits translate directly into clear competitive advantage over manufacturing plants located outside the U.S. Specific cost-saving, profit boosting benefits to having operations in an FTZ include:
Duty and Tax Savings:
Fees:
RBEG Revolving Loan Program
Wrap-Around Bonding
Project Involvement
Cookie | Duration | Description |
---|---|---|
cookielawinfo-checkbox-analytics | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics". |
cookielawinfo-checkbox-functional | 11 months | The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". |
cookielawinfo-checkbox-necessary | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary". |
cookielawinfo-checkbox-others | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other. |
cookielawinfo-checkbox-performance | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance". |
viewed_cookie_policy | 11 months | The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data. |