Explanation
BACKGROUND: The Columbus Department of Development is proposing to enter into a Jobs Growth Incentive Agreement with ComResource, Inc. (ComResource) equal to twenty-five percent (25%) of the amount of personal income tax withheld on new employees for a term of five (5) years for the purposes of job creation and retention of an emerging business located in the Northwest business corridor.
ComResource founded in 1991, is a privately-owned and operated company headquartered in Columbus, Ohio. ComResource is a business technology solutions provider that focuses on helping its’ clients understand how technology can be used to improve their business processes. The company is a unique IT Services company that not only offer its’ clients services which supplement or enhance their own staff, they also offer solutions which will enhance their current business systems. ComResource provides professional services and infrastructure support to help their clients plan, design, implement, manage, and operate IT solutions. The company’s Integration Services Division delivers EDI, B2B, EAI and SOA consulting services to Fortune 500 companies in the United States and around the world. On multiple occasions, ComResource has been recognized by Business First as being one of the fastest growing private companies in Central Ohio. In 2010 and 2011, ComResource was nominated for TechColumbus Innovation Awards in the category of Outstanding Services and in 2012 and 2013 they were a finalist for the Corporate Caring Award.
ComResource is proposing to invest approximately $50,000 which includes leasehold improvements, machinery, equipment, furniture and fixtures to expand its corporate headquarters by another 2,400 square feet at 1159 Dublin Road, Suite 200. The expansion will allow the company to create 50 new full-time permanent positions with an estimated annual payroll of approximately $2.5 million and retain 125 full-time jobs with an annual payroll of approximately $...
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