Ohio Governor Mike DeWine and Ohio Department of Development Director Lydia Mihalik announced the approval of significant state tax incentives

Ohio’s largest single job creation project in state history could receive more than $450 million in tax breaks.

The Ohio Tax Credit Authority Monday approved a 30-year, 2.594% Job Creation Tax Credit for Anduril Industries Inc., which plans to build a 500-acre manufacturing complex in northern Pickaway County that could grow to 5 million square feet over time. The estimated value of the tax credit over its term and if all goals are met is $452.2 million.

The state approved a major tax break Monday for a California defense contractor that plans to build a weapons factory in Pickaway County.