Doing Business in Putnam County

Doing Business in Putnam County

Economic Incentives

Ohio CRA Tax Abatement: The Ohio Community Reinvestment Area program permits municipalities, townships or counties to designate areas where investment is targeted to encourage revitalization of the existing area and development of new structures.

Tax Increment Financing: Tax Increment Financing (TIF) is an economic development mechanism available to local governments in Ohio to finance primarily public infrastructure improvements. A TIF works by locking in the taxable worth of real property at the value it holds at the time the authorizing legislation was approved. Payments derived from the increased assessed value of any improvement to real property beyond that amount are directed towards a separate fund to finance the construction of public infrastructure defined within the TIF legislation.

JobsOhio Opportunities: Opportunities exist for employers creating new jobs in specific markets throughout Ohio, including Putnam County. For more information about the various programs and grants available from the state of Ohio, please visit the JobsOhio website at http://jobs-ohio.com/why-ohio/incentives/.

Transportation

Putnam County sits in one of the most advantage locations in the Midwest, with easy access to major highways, railways and the CSX Intermodal. Its proximity to US 30 and I-75, as well as Interstates 80 and 90, provide excellent access to the Midwest business corridor.

Top Industrial Sectors

Targeted sectors for Putnam County include:

  • Steel Processing
  • Automotive
  • Food Processing & AgriBusiness
  • Plastics
  • Consumer Products
  • Chicago: 242 Miles
  • Ann Arbor: 109 Miles
  • Indianapolis: 185 Miles
  • Detroit: 124 Miles
  • Cleveland: 167 Miles
  • Cincinnati: 146 Miles
  • Toledo: 64 Miles
  • Dayton: 92 Miles
  • Louisville: 244 Miles
  • Columbus: 112 Miles