Explanation
BACKGROUND: The Columbus Department of Development is proposing to enter into a Jobs Growth Incentive Agreement with G&J Pepsi-Cola Bottlers, Inc. equal to twenty-five percent (25%) of the amount of personal income tax withheld on new employees for a term up to five (5) years for the purposes of encouraging job creation and increasing employment opportunities for the citizens of the Columbus community.
In 1925, the owner of the Grand Pop Bottling Company in Cincinnati decided to put the company on the market. Nell and Walter Gross and Esther and Isaac Jarson decided to purchase the company and become equal partners. Today, G&J Pepsi-Cola Bottlers, Inc. is a privately owned company comprised of seven franchises, which distribute Pepsi-Cola brand products in Athens, Columbus, Hamilton, Portsmouth, Ripley and Zanesville, Ohio and Lexington, Kentucky. The company is headquartered in Cincinnati, Ohio and operates distribution centers in Chillicothe, and Hillsboro, Ohio as well as Winchester and Harrod?sburg, Kentucky. The company distributes Pepsi brand products as well as packages under Lipton, Ocean Spray, Starbucks, and SoBe labels as well as Cadbury (Dr. Pepper) beverages. The entire G&J Franchise employs over 1600 employees and has over 300 beverage routes.
G & J Pepsi-Cola Bottlers, Inc. is proposing to invest approximately $12 million in building improvements, machinery and equipment to begin a new production line and manufacture its own plastic bottles for use of its soft drink bottling operation. The company purchased a vacant distribution warehouse consisting of approximately 25,000 square feet at 1133 Gibbard Avenue last summer, and recently made a corporate decision to begin manufacturing its own plastic bottles instead of using a third party vendor out-of-state. G & J Pepsi-Cola Bottlers, Inc. is proposing to create 14 new full-time permanent positions with an estimated annual payroll of approximately $565,974 towards this new line of adva...
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