Butler County Today

COLUMBUS – Resilience US, Inc., located in West Chester Township, has been granted tax credit funding by the Ohio Tax Credit Authority (TCA) for a renovation project that will contribute to local economic development and job creation. State Rep. Jennifer Gross (R-West Chester) made the announcement, stating that the funding will result in the creation of 274 full-time positions and generate $18.7 million in new annual payroll, while also retaining $27.2 million in existing payroll.

“I am very pleased to continue to see intentional investments into Butler County,” said Gross.

Resilience US, Inc. is a biomanufacturing company that specializes in the production of novel medicine.

The approval of the 1.9%, 10-year Job Creation Tax Credit for Resilience US, Inc. marks a significant milestone for the company and the local community. The tax credit will provide the necessary financial support for the renovation project, which is expected to have a positive impact on the economic growth of Butler County.

With the creation of 274 full-time positions, the project will not only bring new employment opportunities but also contribute to the local economy through increased annual payroll. The estimated $18.7 million in new annual payroll will provide a boost to the county's overall financial stability.

Furthermore, the project will also help retain the existing payroll of $27.2 million. This is a crucial aspect as it ensures that the current employees of Resilience US, Inc. can continue to contribute to the local economy and maintain their livelihoods.

State Rep. Jennifer Gross expressed her satisfaction with the investment in Butler County, emphasizing the importance of intentional investments in promoting economic development. Her support for the project highlights the positive impact it will have on the local community.

The approval of the tax credit funding demonstrates the state's commitment to supporting businesses and fostering economic growth. By providing financial incentives, the Ohio Tax Credit Authority recognizes the potential of Resilience US, Inc. to contribute to the economic development of Butler County.

Resilience US, Inc. is a biomanufacturing company that specializes in the production of novel medicine. With this project, the company aims to expand its operations and further establish itself as a key player in the industry. The tax credit funding will enable Resilience US, Inc. to renovate its facilities and enhance its production capabilities, ultimately leading to the creation of new job opportunities.

The economic impact of this development cannot be understated. The creation of 274 full-time positions will not only benefit the individuals employed but also stimulate the local economy. The additional income generated through the estimated $18.7 million in new annual payroll will have a multiplier effect, benefiting businesses and services in Butler County.

Overall, the approval of tax credit funding for Resilience US, Inc.'s renovation project is a significant step forward for Butler County's economic development. The creation of new job opportunities, the retention of existing payroll, and the overall growth of the local economy are all positive outcomes that will contribute to the long-term prosperity of the community.