An Ohio board has approved an estimated $7.8 million tax credit for Amazon as the e-commerce giant plans a new fulfilmentcentre outside Cleveland that could employ 2,000 people.
The Plain Dealer reports the Ohio Tax Credit Authority signed off on a 1.35 per cent, 10-year tax credit last week in Columbus. The credit would go toward an 855,000-square-foot (79,000-square-meter) building in North Randall, where workers will pack and ship Amazon products.
The building is set to open in 2018.
State officials say the authority also approved a 1.39 per cent, 10-year tax credit for a smaller Amazon project in Monroe. The state says Amazon expects that project to create 1,000 full-time jobs.
Seattle-based Amazon hasn't made an announcement about that facility.
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Information from: The Plain Dealer, http://www.cleveland.com
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