Several Ohio cities put in bids with Amazon for its second headquarters, complete with offers of tax breaks. But in , Gov. John Kasich says while he鈥檚 hoping high-tech firms are looking at Ohio, he maintains the state does not 鈥� in his words 鈥� 鈥渂uy deals鈥�.
Facebook鈥檚 Columbus-area data center . Three Amazon data centers in Ohio will create 120 jobs with $82 million in state and local tax incentives. Kasich said the state calculates a return on investment before offering incentives to companies. 鈥淚f they do not pay back the investment of the state over a reasonable period of time, we don鈥檛 make, we don鈥檛 offer them the deal. And we don鈥檛 get in a race with other states to buy deals,鈥� said Kasich.
Though he didn鈥檛 elaborate on the ROI formula, he cited the deal offered by Ohio to Foxconn 鈥� he said it was a third of what Wisconsin offered, which was nearly $3 billion in incentives.
