Photographer: WCPO
Copyright 2012 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Posted: 12/10/2012
BATAVIA TWP., Ohio - The creation of hundreds of new jobs at the former Ford plant in Batavia Township is one step closer to reality.
The Ohio Tax Credit Authority on Monday approved a 60 percent, seven-year tax credit for Huhtamaki, Inc., to create 208 full-time jobs.
In return, the Huhtamaki has to remain in Clermont County for 10-years. It currently operates a plant in the Clinton County community of New Vienna.
The specialty packaging firm wants to buy half the 1.8 million square feet of the old transmission plant to establish a new manufacturing and warehouse facility.
The new jobs are expected to generate $7.6 million in new annual payroll within three years.
A second phase would increase the tax credit to 75 percent and extent the term to 15 years if the company creates a 304 additional full-time jobs with an associated payroll of $10.9 million.
Copyright 2012 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Cincinnati East
An accident temporarily closed the northbound lanes of Interstate 71 near the Interstate 275 ramp in Montgomery.