Canton approves incentives for two companies to bring jobs downtown

Canton City Council recently approved tax incentives for Thrasher Engineering and Julz by Alan Rodriguez to relocate to downtown Canton, reports. The agreements “will create more than 30 new jobs total in the city,” according to the article. Thrasher, an architecture, engineering and field services firm, is moving its 27 employees to the Stark State College campus; the council approved a one percent income tax credit and discounted city parking for the company. Downtown jeweler Julz, which “will double staffing to eight employees” in its new space at 537 Cleveland Ave. NW, received “a 10-year tax exemption on any improvements to the property.” For more, read the full article.

Economic Development, Financial Incentives, State Updates