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Ohio tax credits expected to yield 900 jobs

COLUMBUS, Ohio (AP) — Five companies have won tax credits for projects that could add 900 jobs in central Ohio.

IBM-Ohio-Jobs

In this photo provided by IBM, Ron Lovell, left, IBM vice president of the Client Center for Advanced Analytics, with Dr. Greg Allenby, right, professor at Ohio State University, and Ohio State student Jenn Barlette at the IBM Client Center for Advanced Analytics Wednesday, Nov. 28, 2012, in Dublin, Ohio. IBM Corp. plans to ramp up its analytics operations in Ohio. Company officials planned Thursday to announce that IBM will create a new analytics center in suburban Columbus. The move would bring 500 jobs over the next three years to the new center that’s focused on data crunching and consulting services. (AP Photo/IBM, Jay LaPrete)

Recipients of tax credits announced Monday by the state ranged from IBM — which pledged 500 new high-tech positions — to a vinyl-fence company that wants to add 25 jobs.

IBM said last month that it would locate its Client Center for Advanced Analytics at its existing campus in Columbus. The expansion will add $45.8 million in annual payroll.

The Columbus Dispatch (http://bit.ly/TRcKat ) reports that IBM's center is meant to capitalize on the big push by companies to capture, analyze and make sense of the billions of bits of data produced every minute by computer users.

It could also position Columbus as a national and even international center for such work.

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