What CEO’s and businesses are saying about Ohio’s Tax Reforms. Information obtained from the Ohio Department of Development.
 | Tosoh SMD, Inc. expanding their facility in Grove City where it produces silicon wafers and technologies for flat panel displays. 91 full-time jobs created with a capital investment of $26.8 million. Tosoh SMD cites tax reform as a significant factor for their expansion in Ohio rather than locate their facilities in Japan or Korea. |
| Whirlpool Corp. in Marion and Sandusky counties new $53 million investment, 1100 jobs. President David Swift, states, “We are pleased to expand in Ohio, the improved business climate, including tax reform have made Ohio a more attractive place to do business.” |
| Fisher & Paykel in Sandusky County manufactures high end washing machines and motors for Whirlpool. The company is based in New Zealand and decided to relocate manufacturing lines from Australia and New Zealand to Clyde, Ohio. Ohio was selected over North Carolina for the project and stated the major reason for the selection of Ohio was the recent passage of tax reforms. |
| Lear Corporation in Huron, Ohio is an automotive supplier that serves the global automotive industry and supplies product for major interior door and trim systems. They are undergoing a $15.3 million expansion creating 222 new jobs. Tax reforms and other incentives were instrumental in their decision to expand in Ohio rather than Michigan, Virginia, Indiana or Tennessee. |
| Copeland Corporation in Sidney, Ohio recently decided to consolidate their commercial scroll production operations in Sidney. Copeland a world leader in the production of compressors and electronics for refrigeration and air conditioning will create 63 full-time jobs and a capital investment of over $19 million. North Carolina was considered for the consolidation, but Ohio’s recent tax reforms were a significant reason to consolidate in Ohio. |
| Lord Corporation in Dayton recently expanded their facility creating 30 additional jobs and a new investment of $3.8 million. A leader in rubber products for the aerospace and defense industries. The company states that tax reform was a key issue for their decision to invest in their Dayton plant versus Erie, PA. |
| Spartech Plastics in Greenville, Ohio is the world’s largest extruder of custom thermo-plastic sheet and rollstock. The company is consolidating their operations in Greenville, creating 90 jobs and the construction of a world-class manufacturing complex on 18 acres at the Greenville Industrial Park. A $7.6 million investment into a new state of the art 160,000 square foot plant to be completed in 2007. General Manager Timothy j. Fleming, stated, “If Ohio had not taken steps, the consolidation would have been in Indiana. The State of Ohio’s tax reform was a key element in Spartech’s decision to invest in Ohio.” |
| Century Mold Company based in Rochester, New York recently purchased a 48,000 square foot manufacturing facility in Butler County Ohio and has invested $7 million for the building, machinery and equipment. The company is involved in plastic injection and blow molding of parts for the automotive industry. Seventy-five new jobs are being created at this Ohio facility. Ron Ricotta, President and CEO, stated, “Ohio’s tax reform benefits as a reason for expanding in Ohio.” |
| General Electric Company, Inc. chose a facility in Bucyrus, Ohio over a facility in Canada for their expansion of its manufacturing facility for fluorescent light bulbs. This expansion will create 56 new jobs and retain 141 full-time jobs. Capital investment of $13.5 million at the Bucyrus facility. General Electric cited Ohio’s recent tax reforms as a major reason why it chose Bucyrus for the project. |
| Clark-Reliance Corporation recently decided to expand their operations in Strongsville, Ohio. The company is a major producer of boiler control products. This expansion will create at least 50 jobs and a capital investment of $2 million. According to the company Ohio’s tax reforms helped beat Pennsylvania and Georgia for the project. |
| Erico, Inc. is expanding their operations in Solon, Ohio. A major producer of electrical products, will create 50 jobs and retain 473 full-time jobs. Capital investment of $15 million. Erico cited Ohio’s tax reforms helped Ohio beat North Carolina for the project. |
| GrafTech International. Ltd., a world leader in manufacturing carbon and graphite products, recently decided to relocate their corporate headquarters from Wilmington, Delaware to Parma, Ohio. This will create 25 jobs and retain 146 high-wage jobs and a capital investment of $15 million. Ohio’s tax reforms were cited for the relocation to Ohio. |
| Polymer Packaging, Inc. an industry leader in food packaging, recently decided to relocate and expand their business operations in Massillon, Ohio after considering sites in Nevada. Fifty new jobs will be created and retaining 65 jobs. Capital investment of $20.7 million in the new facility. The company cited Ohio’s tax reforms as a major reason for maintaining and expanding their operations in Ohio. |
| RTI International Metals, Inc. in Stark County one of the world’s largest producers and distributors of titanium and specialty metal mill products sold to customers around the world. The company is expanding and investing $30 million and creating 40 jobs. Vice President of Administration David Paull states, “The reduction of the tax burden helps make manufacturing more competitive in Ohio and allows companies like ours to invest more resources and create jobs at our facilities here.” |