Corporate Accountability for Tax Expenditures Act
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1 I. Development Assistance Agreements Awarded in 2010 Assistance Amount Agreement Number EDGE Tax Credit 0.00 ZC ZCA630 II. Organization/Project Site Information Chief Officer or authorized designee Title Address Sridhar Deivasigamani President 2900 W. Main St., Illinois USA Phone Standard Industrial Classification Number (SIC#) North American Industry Classification System (NAICS) III. Did the recipient's use of the State Funding reduce employment at any other site in Illinois? No Page 1 of 5
2 IV. Job Creation and Retention Data Program Type Agreement Number Assistance Amount EDGE Tax Credit ZC ZCA Wages Full-Time +/- Report Header Definitions Average Annual Salary by Classifications Permanent Full-Time Gain or (Loss) Number of Employees At the Time of Application Plant Operations Assembler Technician Engineer President Logistics Technician / Office Staff Accountant Vice President of Engineering CFO Lead Assembler Technician Totals: Page 2 of 5
3 Number of Employees As of the Date of the Report (12/31/2013) Job Classification Avg Annual Salary Positions Full-Time +/- Part-Time +/- Temporary +/- Plant Operations Assembler Technician Engineer President Logistics Technician / Office Staff Accountant Vice President of Engineering CFO Lead Assembler Technician Totals: Number of Jobs Stated in the Agreement that would be Created at the Site as a Result of Assistance Management Hourly Totals: Number of Jobs Stated in the Agreement that would be Retained at the Site as a Result of Assistance N/A Totals: Page 3 of 5
4 Number of Full-Time Permanent Employees Anticipated To Be Hired at this Site on 12/31/2013 Job Classification Anticipated Starting Dates Number of Positions to be Hired in this Category Average Annual Wage per New Employee Total New Payroll to be Created Technical Sales 1/1/ $70, $70, Regional Technical Sales Shop Operations Supervisor Regional Technical Sales 6/1/ $80, $240, /1/ $60, $60, /1/ $80, $160, Shop Operation Foreman 3/1/ $60, $60, Human Resources 5/1/ $60, $60, Assembler Helper 9/1/ $36, $180, Testing Helper 2/1/ $36, $72, Testing Helper 9/1/ $36, $72, Logistics Helper 9/1/ $36, $72, Product Support 9/1/ $44, $88, National Sales 2/24/ $125, $125, Assembler Helper 9/1/ $36, $144, Engineer 6/1/ $60, $120, Lead Assembler 2/1/ $36, $72, Totals: 31 $1,595, Job Creation Data Explanatory Notes If the change (gain/loss) in the number of full-time permanent employees as of the date of the report plus the number of full-time permanent employees anticipated to be hired after date of the report does not equal the number of full-time permanent employees stated in the Agreement that would be created at the site as a result of the assistance, then please explain why not: Page 4 of 5
5 I, Sridhar Deivasigamani, as the chief officer or authorized designee of the recipient, verify that the information in the progress report contains no knowing misrepresentation of material facts upon which eligiblity for development assistance is based. I further certify that, to the best of my knowledge, the recipient is in compliance with the development assistance agreement(s) between, or on behalf of, the recipient and the Illinois Department of Commerce and Economic Opportunity and/or the Illinois Department of Transportation and/or the office of the Illinois State Treasurer Signature on File 5/12/2014 Signature Date President / CEO Title Page 5 of 5
Corporate Accountability for Tax Expenditures Act 93-552
I. Development Assistance Agreements Awarded in 2013 Assistance Amount Agreement Number EDGE Tax Credit 0.00 ZC ZCA888 II. Organization/Project Site Information Chief Officer or authorized designee Title
Corporate Accountability for Tax Expenditures Act 93-552
I. Development Assistance Agreements Awarded in 2013 Assistance Amount Agreement Number EDGE Tax Credit 304,069.20 ZC ZCA841 II. Organization/Project Site Information Chief Officer or authorized designee
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