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.

What this record is

Held by

Keltec, LLC

Runs until

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

Type

contract

Field

Public safety

public safety contracts in OH that end within a year →
Governments publish the end date in the award. That date is when the work goes back out to bid, and it is usually stated years ahead.

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

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