An advanced manufacturing company has announced plans to expand operations into Northwest Ohio, bringing a significant new investment and jobs to Putnam County.
Luxorion Plastics, LLC will invest $19 million to construct a 45,000 square-foot facility in Putnam County. This new project in Leipsic is expected to create 60 new jobs.
Company representatives said increased demand leading to new contracts has driven the need for additional manufacturing capacity. Northwest Ohio’s central location in the Midwest market as well as its rail and highway infrastructure were key factors in the company’s decision to locate a new facility in Putnam County. The company also credited the coordinated approach of local and state economic development teams in helping secure the right property for the project.
“We are excited to welcome Luxorion Plastics to Leipsic. This investment and the creation of new jobs are a strong vote of confidence in Putnam County, our workforce and the advantages Northwest Ohio offers manufacturers. This project is also an example of what can happen when we work together with our regional and state partners to understand a company’s needs and move a project forward. We look forward to supporting Luxorion’s growth and success for many years to come."
– Amy Sealts, Director of Economic Development at the Putnam County Community Improvement Corporation
Northwest Ohio possesses the very best of the manufacturing mindset because its engrained in the business community, upheld by the universities, and embraced by the region’s people.
Over the last five years, manufacturing-related businesses have brought nearly $7 billion of new investment to Northwest Ohio adding 10,000 new jobs. And just last year in Putnam County, businesses invested nearly $44 million into operations, with $3.5 million in new payroll.
About the Regional Growth Partnership
The Regional Growth Partnership is the lead economic development organization serving 17 counties in Northwest Ohio. As a private nonprofit development corporation, the RGP is dedicated to fostering regional, national and international business investment opportunities across the region. The RGP serves as Northwest Ohio’s network partner for JobsOhio. Visit www.rgp.org for more information.
About JobsOhio
JobsOhio, Ohio’s private nonprofit economic development corporation, enhances company growth and personnel development through business attraction, retention, and expansion across ten competitive industry sectors. With a team of seasoned professionals, JobsOhio utilizes a comprehensive network to foster talent production in targeted industries and attract talent through Find Your Ohio. Collaborating with seven regional partners, including Dayton Development Coalition, Lake to River Economic Development, Ohio Southeast Economic Development, One Columbus, REDI Cincinnati, Regional Growth Partnership and Team NEO, JobsOhio delivers world-class customer service to provide companies with a competitive advantage. Learn more at www.jobsohio.com. Follow us on LinkedIn, Twitter and Facebook.