JUST IN: 400 new jobs to Springfield through state tax credits

An employee at Silfex in Eaton looks in on some of the manufacturing going on. File photo

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An employee at Silfex in Eaton looks in on some of the manufacturing going on. File photo

The Ohio Tax Credit Authority this morning approved a tax incentive package that could mean as many as 400 new jobs in Springfield.

The state board approved a tax credit assistance package for Eaton-based Silfex to create 400 jobs in Springfield with a $20.7 million in payroll as part a 12-year, 2.037 percent tax abatement.

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Officials with the Chamber of Greater Springfield didn’t immediately elaborate on the agreement but said the incentive package is an important step for the company.

“This is an important step toward finalizing Silfex expansion plans,” said Horton Hobbs, vice president of economic development for the Chamber of Greater Springfield. “We will continue to work with the company and our regional partners as we move forward with this project.”

Silfex, formerly known as Bullen Semiconductor, is based in Eaton and provides silicon products for the solar, optical and semiconductor equipment markets. Company officials couldn’t immediately be reached for comment this morning.

Silfex headquarters is the world’s largest custom silicon-growing facility, according to the company’s website, and provides services including prototyping and manufacturing of low-volume components and assemblies.

READ: The full story on Springfield News Sun

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