Explanation
BACKGROUND: The Columbus Department of Development is proposing to enter into a Downtown Office Incentive Agreement with The Oneida Group Inc.
The Oneida Group Inc. (“The Oneida Group” or “Oneida”) is a leading global marketer of tabletop and food preparation products for the consumer and foodservice markets. The company markets their products globally under a broad range of consumer brands. The Oneida Group’s principal operating subsidiaries, Oneida Ltd. and Anchor Hocking, LLC, were founded in 1848 and 1873, respectively. Customers range from Fortune 500 companies to medium and small-sized companies in the consumer, foodservice, business-to-business and e-commerce channels. The company operates two glass manufacturing plants in the U.S. and sources a variety of propriety designed tableware products.
The Oneida Group Inc. intends to relocate its corporate headquarters from 519 N. Pierce Ave. Lancaster, Ohio 43130 in the coming months to support projected growth and future employee recruitment. The Oneida Group Inc. will lease, renovate, and equip approximately 23,000 square feet of office space located at 200 S. Civic Center Drive, Columbus, Ohio 43215 (“Project Site”). The Oneida Group Inc. will invest approximately $2,197,960 related to leasehold improvements, the acquisition of machinery, equipment, furniture, and fixtures. The Oneida Group Inc. will retain and relocate 56 full-time permanent positions with an associated annual payroll of approximately $7,435,904 and create 26 new full-time permanent positions with an associated annual payroll of approximately $2,750,000.
The Oneida Group Inc. is requesting a Downtown Office Incentive from the City of Columbus to assist in the relocation to and expansion of operations in the City of Columbus.
FISCAL IMPACT: No funding is required for this legislation
Title
To authorize the Director of the Department of Development to enter into a Downtown Office Incentive Agreement with The Oneida G...
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