COLUMBUS, Ohio - Ohio Governor Mike DeWine, Lt. Governor Jim Tressel, and Ohio Department of Development Director Lydia Mihalik today announced the approval of six projects that will create 716 new jobs and retain more than 1,300 jobs statewide.  

During its monthly meeting, the Ohio Tax Credit Authority (TCA) reviewed economic development proposals brought to the board by JobsOhio and its regional partners. The projects are expected to result in more than $50 million in new payroll and generate over $39 million in investments across Ohio.  

CENTRAL 

Hexion Inc., city of Dublin (Franklin County), expects to create 100 full-time-equivalent positions, generating $11.7 million in new annual payroll as a result of the company’s expansion project in Dublin. Hexion is a global chemical manufacturer specializing in thermoset resins, adhesives, and coatings for the construction, automotive, and industrial sectors. The proposed project includes establishing a new global research and development center for its scientists and chemists to enhance collaboration and accelerate the quality and pace of new product development. TCA approved a 1.873 percent, 10-year Job Creation Tax Credit for the project.  

NORTHWEST

Vaughn Industries, LLC, village of Carey (Wyandot County), expects to create 126 full-time-equivalent positions, generating more than $8.8 million in new annual payroll as a result of the company’s new location in Carey. Vaughn Industries is a contractor specializing in electrical, mechanical, networking, and renewable energy projects, with a focus on complex manufacturing for advanced technology, machinery, and software applications. The company utilizes fabrication, virtual design, and construction to create accurate and innovative solutions for its clients. The proposed project involves consolidating current manufacturing operations and virtual design work into a new facility, with a focus on advanced duct manufacturing and the incorporation of new technologies into upgraded production lines to enhance capabilities and meet the growing demand for high-tech solutions. TCA approved a 1.531 percent, eight-year Job Creation Tax Credit for the project.  

SOUTHEAST

Azure Farms, Inc., village of South Point (Lawrence County), expects to create 150 full-time-equivalent positions, generating $11 million in new annual payroll as a result of the company’s new location in South Point. Azure Standard is a nationwide distributor of organic, non-GMO, and sustainable foods, including bulk grains, produce, dairy, pantry staples, and eco-friendly household products. The company specializes in bulk delivery through local drop sites. The proposed project includes establishing a new location to support office, logistics, and distribution as well as greenhouse production. TCA approved a 1.626 percent, nine-year Job Creation Tax Credit for the program.  

SOUTHWEST

Bay Cities Container Corporation, city of Blue Ash (Hamilton County), expects to create 10 full-time-equivalent positions, generating $1.8 million in new annual payroll as a result of the company’s new location in Blue Ash. Bay Cities Container designs and manufactures corrugated products, including point-of-purchase displays and packaging with retail and industrial applications, primarily serving clients in the consumer-packaged goods industry. The proposed project includes leasing a new office to support design and sales operations, thereby expanding its presence in the region. TCA approved a 1.510 percent, seven-year Job Creation Tax Credit for the project.  

Melink Solar, LLC, Symmes Township (Hamilton County), expects to create 30 full-time-equivalent positions, generating $3.6 million in new annual payroll as a result of the company’s expansion project in Symmes Township. Melink Solar designs, procures, and installs solar energy systems for commercial and industrial clients, specializing in renewable energy solutions and ongoing system maintenance. The proposed project involves establishing a new headquarters that will serve as a hub for office functions, employee training, and product displays. TCA approved a 1.561 percent, seven-year Job Creation Tax Credit for the project.  

StandardAero Component Services, Inc., city of Sharonville (Hamilton County), expects to create 300 full-time-equivalent positions, generating more than $13.8 million in new annual payroll as a result of the company’s expansion project in Sharonville. StandardAero is an independent maintenance, repair, and overhaul service provider in the aerospace industry, delivering customized solutions to business and commercial aviation, military, and industrial power clients worldwide. The proposed project includes adding space to their existing campus and new machinery and equipment. TCA approved a 1.433 percent, eight-year Job Creation Tax Credit for the project.