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Contract Type
partnership
CincinnatiManufacturingFood and BeverageDescription
The growing Cincinnati-based beverage maker, Impact Beverage, is planning to create 65 new full-time jobs, totaling $4.6 million in annual payroll, and expand its production facility by adding 10,000 square feet. The company received an eight-year Job Creation Tax Credit and plans to make substantial investments in new machinery and equipment, including the installation of a new pasteurization line, enhancement of canning capabilities, increased automation, and packaging improvements.
Agreement Insights
Based on industry dataStrategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months