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Powerful Incentives Help Keep Costs Low
Businesses in Pike County, Ohio enjoy a cooperative and responsive state and local government and some of the lowest taxes in the country. These factors combined with a wide variety of powerful incentives make it easy to see why so many businesses choose Pike County.
The state of Ohio offers numerous incentives, tax credits, and tax exemptions. These include performance-based job creation tax credits and sales tax exemptions for machinery and equipment used in manufacturing processes or material handling equipment used in warehouse and distribution facilities.
Pike County adds to these advantages with a large Enterprise Zone that spans much of the county’s highway network ensuring easy access to markets in addition to a sixty percent tax abatement for up to ten years.
Our utility providers also work hard to power your success. In addition to shovel-ready sites and affordable rates, American Electric Power offers Rate Stabilization Plan Grants to help offset the costs of utility infrastructure improvements for new and expanding businesses. AEP is committed to helping you uncover new opportunities for energy savings, technical assistance and incentives.
Companies locating in Pike County may also qualify for grants through Fluor-BWXT, a local contractor, which provides grants for economic development projects-based jobs and investments, and the Southern Ohio Agriculture & Community Development Foundation which offer grants for equipment and expansion.
Our state, our county, and our communities are ready to welcome your business and will put together a powerful package of incentives to make locating in Pike County, Ohio the best business decision you’ll ever make.