IT distributor Tech Data chooses Ohio for expansion

Tech Data Corp., a distributor of IT equipment, plans to add 88 jobs to its current base of 208 positions at its Obetz facility, an expansion company spokesperson Bobby Eagle called a testament to the distribution center’s performance, Columbus Business First reports. Ohio “was competing with Arizona, Texas and Georgia” for the project to increase capacity, according to the article. The Ohio Tax Credit Authority approved “a 1.35 percent, six-year tax credit based on the payroll generated by the net new jobs,” a deal that “would be worth $275,000 over the life of the agreement, if the company creates all the pledged jobs and meets other terms.” For more, read the full article.

Economic Development, Financial Incentives, State Updates