Hudson backs income tax credit for Diebold Nixdorf relocation

Written by on November 19, 2020

HUDSON — Diebold Nixdorf Inc. can pay lowered earnings taxes for the subsequent decade when it relocates to the town subsequent 12 months from the alternative finish of Summit County, bringing alongside 314 jobs and $31.four million in payroll.

Hudson Metropolis Council on Tuesday accredited granting a 50 % earnings tax credit score for 10 years to the corporate in conjunction its deliberate transfer from Inexperienced.

“That is, I believe, a really main and thrilling scenario for the town of Hudson,” stated Metropolis Council President Invoice Wooldredge (at-large).”…It is a very thrilling second for our metropolis, and I am very happy to have them shifting right here.”

Diebold Nixdorf is trying to transfer its headquarters to a 63,000 square-foot constructing at 50 Govt Parkway in Hudson. The constructing has been vacant for eight years and was final utilized by Alltel. Diebold Nixdorf hopes to occupy the constructing by subsequent summer time.

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