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Nuvasive's eastward expansion
Spinal surgery device–maker swoops on fat subsidies in Ohio
San Diego–based NuVasive, maker of spinal surgery devices, revealed Thursday that it has selected a site in West Carrollton, Ohio, in the Dayton area, for a manufacturing facility.
NuVasive will move almost 100 jobs from a current facility in Fairborn, also in the Dayton metro area, to West Carrollton. The company is
expected to add 195 more jobs in the next few years and have an estimated payroll of $14.2 million by 2018. NuVasive will spend about $45 million in the next two years to improve and equip the facility, previously occupied by another company.
According to Dayton area media, West Carrollton is giving NuVasive a generous package: complete property-tax abatement for a dozen years; waiving of city permit and application fees; a $100,000 forgivable loan upon purchase of the property; a 35 percent rebate of payroll taxes for five years; and a $2500 property-improvement grant.
Here's something you might be interested in.
Nuvasive's eastward expansion
Spinal surgery device–maker swoops on fat subsidies in Ohio
Nuvasive's eastward expansion
Spinal surgery device–maker swoops on fat subsidies in Ohio
San Diego–based NuVasive, maker of spinal surgery devices, revealed Thursday that it has selected a site in West Carrollton, Ohio, in the Dayton area, for a manufacturing facility.
NuVasive will move almost 100 jobs from a current facility in Fairborn, also in the Dayton metro area, to West Carrollton. The company is
expected to add 195 more jobs in the next few years and have an estimated payroll of $14.2 million by 2018. NuVasive will spend about $45 million in the next two years to improve and equip the facility, previously occupied by another company.
According to Dayton area media, West Carrollton is giving NuVasive a generous package: complete property-tax abatement for a dozen years; waiving of city permit and application fees; a $100,000 forgivable loan upon purchase of the property; a 35 percent rebate of payroll taxes for five years; and a $2500 property-improvement grant.
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