Dayton Business Journal, October 6, 2015
Three growing manufacturing outfits in Warren County will grow with help from JobsOhio funds.
The state's private development arm executed agreements with the companies, which will create jobs in exchange for JobsOhio incentives. The numbers point to the accelerating manufacturing industry in Ohio, as well as the fast-growing area between Cincinnati and Dayton.
Intelligrated Systems LLC received a $1.5 million JobsOhio economic development grant. The company would create 238 jobs with a $10 million expansion of its Mason headquarters. Mason city council approved a 15-year 100 percent property tax abatement, valued at $2.4 million, and a $400,000 incentive grant through the Mason Port Authority earlier this year.
Mitsubishi Electric Automotive America Inc. is creating 100 new jobs with a 145,000-square-foot expansion at its current 500,000-square-foot Mason site. It got a $300,000 grant from JobsOhio. It won a 55 percent, eight-year tax credit by the Ohio Tax Credit Authority in February.
SSB Manufacturing Co. got a $40,000 workforce grant from JobdOhio. It expects to create 106 new jobs as part of a proposed expansion in Monroe. The project was approved for a 50 percent, six-year tax credit estimated to be worth $494,000 by the Ohio Tax Credit Authority in February.