Hamilton has just scored another company that will create more than 200 jobs.
The company, iMFLUXInc., a subsidiary of Cincinnati-based consumer goods giant Procter & Gamble, has entered into a long-term lease agreement with Trident Capital Group for space in the 330,688-square-foot former Hamilton Fixture building at 3550 Symmes Road. According to a recent JobsOhio announcement, iMFLUX will create 221 jobs within three years.
Anna Hogan, spokeswoman for iMFLUX, said the company expects to start operations in the summer of 2014.
Terms for an economic development agreement are being finalized with the city of Hamilton.
In the past 12 months, Hamilton city officials have announced more than $30 million in new business investment and the creation of 280 new jobs over the next three years.
ThyssenKrupp Bilstein announced it would be creating more than 100 new jobs at its Bilsten Boulevard location. Valeo Climate Control — Bilstein’s neighbor — also unveiled plans for 105 new jobs and $16 million in investment. New investment was also announced for the Vora Technology Center, LifeRay, Champion/Smart Papers and the Hamilton BizTech Center.
iMFLUX Inc. was created this year to develop new plastics processing technology for injection molding, Hogan said. The company’s headquarters is currently located at P&G’s Beckett Ridge Technical Center in West Chester Twp.
“At this time, we can not share additional information due to the competitive nature of the industry and the fact that we are in the middle of the patent application process,” Hogan said.
Open positions continue to be updated, and anyone who is interested can visit www.imflux.com for more information and to apply.
Hogan said it was her understanding that Hamilton was chosen because several company executives are from this area and wanted to stay here.
Recently, the Ohio Tax Credit approved a 60 percent, eight-year tax credit to iMFLUX for the creation of $17.5 million in annual payroll as a result of the company’s plant location project in Butler County. According to the state, iMFLUX must maintain operations for 11 years at the Hamilton site.
City officials could not be reached for comment late Friday.
Staff writer Chelsey Levingston contributed to this report.