Economic Incentives

Industrial Incentives - Local and State of Ohio

All of the City of Piqua's industrial sites:

Have city utilities at the site or in a close proximity
Are located within the City's Enterprise Zones and/or Community Reinvestment Areas
All industrial sites are served by the Piqua Municipal Power System

Local Incentives:

The City of Piqua offers enterprise tax abatement up to 75% of taxes on personal property (equipment, furniture and inventory) and on real property (the taxes on buildings and permanent improvements) for a period of ten years to those companies that meet certain criteria.

Piqua offers community reinvestment tax abatement at 100% of taxes on real property (the taxes on buildings and permanent improvements) for a period of 15 years.

Contact the Economic Development Department at 937-778-8198 or 800-251-1742 for Development Incentive forms for an Enterprise Zone or Community Reinvestment Area.

State of Ohio Incentives:

The City of Piqua, Economic Development Office works closely with the Ohio Department of Development to identify for relocating or expanding manufacturers Economic Development Incentives offered by the State of Ohio. The Economic Development Office will arrange to have a representative from the Ohio Department of Development meet with prospects to review the type of incentive package that will best meet their needs.