Ohio Tax Credit Authority approves projects in Southwest Ohio
— Huhtamaki Inc. to create more than 200 full-time jobs, generating $7.6 million in new annual payroll, to manufacture paper cups in Batavia, Clermont County. Huhtamaki is a specialty packaging organization. Approved for a 60 percent, seven-year Job Creation Tax Credit
— Polaris Industries Inc. expects to create 100 full-time jobs, generating $2.6 million in new annual payroll as a result of the company’s new project location in Wilmington, Clinton County. Polaris is a global manufacturer of off-road vehicles including ATV’s and off-road utility vehicles; snowmobiles; electric vehicles; and Victory motorcycles along with related parts, garments and accessories. Approved for a 45 percent, seven-year Job Creation Tax Credit
— Rhinestahl Corp. expects to create 69 new jobs to Ohio, generating $6.6 million in additional annual payroll and retaining $13 million in existing payroll as a result of the company’s ongoing growth in Mason, Warren County. Rhinestahl offers specialized tools for maintenance of aircraft engines. Approved for a 55 percent, six-year Job Creation Tax Credit
— Sunstar Engineering Americas Inc. expects to create 14 full-time jobs, generating $760,000 in additional annual payroll and retaining $4.6 million in existing payroll as a result of an expansion project in the Springboro and Franklin in Warren County. Sunstar Engineering makes adhesives, sealants and coating products designed to improve the quality and safety of vehicles. Approved for a 40 percent, five-year Job Creation Tax Credit
Huhtamaki, a consumer goods, packaging and paperboard maker, known for its Chinet brand products, is expanding its footprint in the region to add a new manufacturing facility in Batavia.
Plans are to make paper cups in Batavia, with a total investment in equipment, renovations and real estate of approximately $57 million, said Andy Kuchta, Clermont County economic development director. That’s not including costs to buy a building or land. The company has committed to create more than 200 jobs within three years of when a tax credit goes in effect, according to details of the project provided by the state development services agency.
The Ohio Tax Credit Authority approved Monday a 60 percent, seven-year Job Creation Tax Credit on an estimated $7.6 million in new payroll to encourage the project.
The Finnish company acquired last year Ample Industries Inc. of Franklin, which makes nested paperboard products for the food service industry, such as the containers that hold french fries and the clamshell boxes that hold hamburgers and chicken sandwiches. Ample, 4000 Commerce Center Dr., had 230 employees at the time of the acquisition.
Huhtamaki is not moving operations or jobs from Franklin, Kuchta said.
Huhtamaki also owns a plastics plant in New Vienna, Clinton County.
The company has a proposed plan to buy 900,000-square-feet of existing building space and 60 acres of land at Batavia’s former Ford transmission plant. The last workers left the transmission plant in 2008, and some operations were consolidated to the automaker’s transmission plant in Sharonville.
Assuming the company moves forward with the plans, the plant will open by late next year, Kuchta said.
Clermont County Commissioners approved on Oct. 29 a 100 percent, 10-year property tax incentive on new real estate investment by Huhtamaki in Batavia.
Rhinestahl Corp. also received state approval for tax incentives for its investments in Mason. The aerospace tooling and machining company, which works with GE Aviation of Evendale, moved its headquarters from Blue Ash to Innovation Way in Mason in 2010. Last year, Rhinestahl announced plans to buy a second Mason property on Western Row Road to expand, said Michele Blair, Mason economic development director.
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