NGK Sparkplugs plans to expand W.Va. campus
CHARLESTON -- A West Virginia manufacturer is planning to expand its presence in Kanawha County, creating 34 jobs by the end of next year
NGK Sparkplugs officials said Tuesday that the company plans to add an 11,000-square-foot facility to its Sissonville campus.
Media outlets report that the expansion comes as the company plans to begin producing M12 sparkplugs and ZFAS oxygen sensors for vehicles. Those products essentially will help vehicles run better and have better fuel efficiency.
Construction is expected to begin in February and be completed by September. The assembly line should be up and running by the end of 2013.
Ohio to notify businesses of tax overpayments
COLUMBUS, Ohio -- Ohio's tax department says it will start alerting businesses when they've overpaid taxes and help them reclaim their money.
Previously, if businesses failed to discover the error in paying their commercial activities tax within a certain time frame, they lost the right to reclaim it.
Gov. John Kasich and tax Commissioner Joe Testa announced the policy change Tuesday.
They said the Ohio Department of Taxation will begin notifying about 3,500 taxpayers who may have overpaid by a total of up to $13.7 million.
The commercial activities tax is Ohio's primary business tax. It generated $1.65 billion in the last budget year that ended in June.
The department also plans to review other taxes in an effort to reach out to all taxpayers who unknowingly paid too much.
Packaging manufacturer heads to Rockcastle County
MOUNT VERNON, Ky. -- A packaging manufacturer is planning to locate in Rockcastle County, bringing a $7.6 million investment and 150 new jobs.
Anchor Packaging was founded in St. Louis nearly 50 years ago. The company makes specialized packaging products for the food service industry.
Gov. Steve Beshear's office said the company will locate in a 165,000-square-foot facility.
The state has given preliminary approval to a tax incentive package of up to $4 million.
Appalachian Power seeks OK to transfer assets
CHARLESTON -- Appalachian Power Co. is asking regulators in Virginia and West Virginia for approval to transfer generating assets.
The company said Tuesday that is seeking to add more than 1,600 megawatts of generating capacity from two Ohio Power plants near Moundsville and Winfield.
Appalachian Power says it has purchased power from the plants for years as part of a pooling agreement with other subsidiaries of American Electric Power.
In Virginia, the company says it is proposing to merge with Wheeling Power, which service two counties in the northern panhandle of West Virginia.
Appalachian Power has 1 million customers in West Virginia, Virginia and Tennessee.