Forklift and equipment manufacturer Crown Equipment Corp. is planning a more than $4 million expansion at its New Knoxville facility, an application for a building permit indicates.
The expansion at 7587 Ohio 219 will cover 57,460 square feet and is valued at $4,061,037, according to a building permit application filed last month. The expansion is for a “new manufacturing addition.”
The state of Ohio expects the project in Auglaize County expects to create 63 full-time positions by the year 2021, which will generate $2.5 million in new annual payroll.
Late last month, the Ohio Tax Credit Authority approved for the project a 1.309 percent tax credit for 6 years. The New Knoxville plant was one of two Crown facilities considered for the expansion, with the other site in Indiana.
Based in New Bremen, Ohio, Crown Equipment designs and makes forklifts, material handling equipment and their components.