Three new projects in Northwest Ohio are expected to create more than 300 new jobs with investments exceeding $650 million.
Apio, Inc., an industry leading producer of fresh-cut vegetables, will invest $28 million for a new cold storage facility at its plant in Bowling Green. This expansion project will create 150 new jobs. Cliffs Natural Resources will invest $700 million and create at least 130 new jobs for a new iron ore production facility in Toledo. Interstate Chemical will build a new $60 million sodium methylate production facility in Oregon to support its growing operations.
All three projects received various incentives including a Job Creation Tax Credit, which was formally approved earlier today by the Ohio Tax Credit Authority.
Bill Richardville, vice president at Apio, credited existing business assets and resources for the company’s decision to reinvest in the Wood County facility.
Apio’s product lines include nationally recognized brand names Green Line and Eat Smart. The new jobs will add more than $10 million of new payroll to the existing 176 positions. According to the Bowling Green Community Development Foundation, Ohio won out in a highly competitive site selection process.
“We are excited and proud of Apio’s commitment to Bowling Green demonstrated with this significant investment,” said Sue Clark, executive director of the foundation. “They recognize the business advantages across this region which allow companies to grow and succeed.”
The Regional Growth Partnership and JobsOhio worked closely in putting together a competitive incentive package, which along with the JCTC, included a JobsOhio grant to fund $350,000 of sewer line upgrades.
“Apio’s national-leading frozen vegetable brands are recognized in supermarkets nationwide, and growing demand for these quality products is driving today’s announcement,” said JobsOhio Managing Director of Agribusiness & Food Processing Dana Saucier. “Along with the Regional Growth Partnership, we are delighted that an increased need for Apio products will be met at new and expanded facilities in Bowling Green, where more Ohioans will be on the job.”
The Regional Growth Partnership is a private, nonprofit development corporation dedicated to fostering local, national and international economic growth opportunities for Northwest Ohio. The RGP serves as Northwest Ohio’s network partner for JobsOhio. Visit rgp.org for more information.