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May 22, 2006
Lieutenant Governor Bruce Johnson joins BMW Financial Services in celebrating the opening of the company's new, expanded headquarters facility in Hilliard. The company has invested more than $30 million in expanding the operation, which includes the retention of 443 positions and the creation of 72 jobs. The State of Ohio, through the Ohio Department of Development, provided BMW FS the following assistance for the project: a 60% Job Creation Tax Credit for an eight-year term; a $300,000 Ohio Investment in Training Program grant; and a $500,000 Business Development grant. Additionally, the City of Hilliard was awarded a $500,000 Roadwork Development grant and an Ohio Water Development Authority Loan of up to $1 million.
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