Ohio
Trucking company opens new Ohio location through use of state tax credit
AAA Cooper Transportation is opening a new location in Ohio through the use of a state tax credit aimed at companies that create jobs in the region.
The trucking company is planning a new location in Richfield, Ohio that will create 210 full-time positions and bring in $14.7 million in new annual payroll.
According to Akron Beacon Journal, AAA Cooper Transportation is using the Ohio Tax Credit Authority to open the facility. The company has been granted a 1.668% Job Creation Tax Credit, which was approved in early March.
AAA Cooper will move onto a former Estes property, while Estes moves onto a former Yellow Freight property. Both properties are along Brecksville Road.
Richfield Mayor Michael Wheeler calls the expanding business “an absolute positive” for the area.
“AAA Cooper is a good company,” he said. “We are a huge hub for shipping. Trucking has really increased, especially with COVID.”