To authorize the Director of the Department of Development to enter into a dual-rate Jobs Growth Incentive Agreement with Northern Safety Co., Inc. dba Wurth Industry North America for a term of up to five (5) consecutive years in consideration of the company’s proposed total capital investment of $42,500,000.00 and the creation of 160 net new full-time permanent positions with an estimated annual payroll of approximately $8,075,056.00.

What this record is

Held by

Northern Safety Co., Inc

Amount

$8.08M

Runs until

Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗

Type

contract

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Read automatically from the title of the official record. The source document below is authoritative.

Committee

Economic Development & Small and Minority Business Committee

Requested by

Dev Drafter

Introduced

January 28, 2025

On agenda

March 10, 2025

Passed

March 13, 2025

Where it was heard

Columbus City Council Mar 10, 2025 Approved Pass Columbus City Council Mar 3, 2025 Read for the First Time

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