BATAVIA, Ohio — Clermont County commissioners have finalized a 30-year tax break for a $497.5 million pharmaceutical manufacturing plant planned for Williamsburg Township, a project expected to create 312 full-time jobs by the end of 2036.

The Board of County Commissioners voted 2-0 at its Aug. 5 regular session to adopt a Community Reinvestment Area agreement with ADS Batavia Inc., a Delaware corporation, and its tenant, identified in county records as Project USHUB, according to meeting minutes released by the board. Commissioner Bonnie J. Batchler was absent from the vote; Vice President David L. Painter and Commissioner Claire B. Corcoran voted yes.

The agreement grants a 75% exemption on real property taxes for up to 30 years on new construction at the project site within the Williamsburg Township Area 1 Community Reinvestment Area, with the exemption period beginning no later than tax year 2042 and running no later than tax year 2072, according to the resolution. The project is projected to generate about $22.5 million in new annual payroll, the resolution said.

Follow Clermont Guardian on Facebook
Be first to know about local breaking news and alerts.
Follow Us