Ohio Governor Mike DeWine and Ohio Department of Development Director Lydia Mihalik announced the approval of significant state tax incentives
The brothers say they are cut from the same cloth with the same passions and goals.
The state approved a major tax break Monday for a California defense contractor that plans to build a weapons factory in Pickaway County.
The Ohio Tax Credit Authority greenlit a 2.59% refundable Job Creation Tax Credit on Monday for Anduril Industries, with terms that begin in 2026 and end in 2055.
Ohio’s largest single job creation project in state history could receive more than $450 million in tax breaks.
Dubbed "Arsenal-1," the $1 billion Pickaway County factory will be the largest job-creation project in Ohio history, state officials say.
The project, expected to bring over 4,000 new jobs to Ohio by 2035, marks the largest single job creation and new payroll initiative in the state's history.
Anduril Industries to build a significant defense tech facility in Ohio, potentially creating over 4,000 jobs by 2035.
The Ohio Tax Credit Authority Monday approved a 30-year, 2.594% Job Creation Tax Credit for Anduril Industries Inc., which plans to build a 500-acre manufacturing complex in northern Pickaway County that could grow to 5 million square feet over time. The estimated value of the tax credit over its term and if all goals are met is $452.2 million.
The facility will focus on producing autonomous weapons systems, representing a nearly $900 million investment that is expected to contribute $1 billion annually to Ohio’s economy.
PICKAWAY COUNTY, OHIO, Jan. 16, 2025 (GLOBE NEWSWIRE) -- Ohio Governor Mike DeWine, Lt. Governor Jon Husted, and JobsOhio announced today that Anduril Industries, a leader in defense technology, will establish an advanced manufacturing facility in Pickaway County, bringing more than 4,000 new production and service jobs to Ohio by 2035.
The defense contractor will build autonomous weapons systems at the Columbus-area plant when it opens next year.