An established insurance business in Richfield and a new architecture/engineering venture in Akron are in line to get state tax credits in exchange for creating about 240 jobs.
National Interstate Corp. of Richfield plans to create the bulk of the jobs: 217 full-time positions. The company sells insurance for passenger, truck, and moving and storage transportation companies.
Prime AE Group Inc., which is opening an office on White Pond Drive in Akron, expects to create 25 full-time jobs.
Monday, the Ohio Tax Credit Authority, a five-member state board, approved the Ohio Job Creation Tax Credits. National Insurance would receive tax credits totaling an estimated $1.77 million if it creates the 217 jobs, and Prime would get an estimated $148,000 in credits if it creates the 25 jobs.
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