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25-84

A RESOLUTION AUTHORIZING THE CITY MANAGER TO ENTER INTO A JOB CREATION GRANT AGREEMENT WITH KELTEC, LLC; AND DECLARING AN EMERGENCY. Brief Description: Keltec, LLC is requesting a 50% income tax credit for 10 years. The company, currently located in Twinsburg, Ohio, will relocate their headquarters operations to 5581 Hudson Industrial Parkway. The company is a leading manufacturer of compressed air and gas filtration solutions, providing a comprehensive range of high-quality products for industrial applications. Keltec, Inc. will employ 175 staff at the facility.

Resolution Passed Introduced May 8, 2025

What this record is

Held by
Keltec, LLC
Runs until
no end date published in this record
Type
contract
Field
Public safety

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

Committee
City Council
Requested by
Community Development Department
Introduced
May 8, 2025
On agenda
May 20, 2025
Passed
May 20, 2025

Where it was heard

City Council May 20, 2025 first reading City Council May 20, 2025 to suspend the rule requiring three readings Pass City Council May 20, 2025 adopted with rule suspension Pass City Council Workshop May 13, 2025 item forwarded