Select
Category Edition / Date

March 2012

Skip Navigation Links.
Expand Applying TechnologyApplying Technology
Collapse GeneralGeneral
Manufacturing Technology Orders Up 73.9% from 2010
ACER Introduces CNC Mini Bed-Mill with Fagor CNC Control
Bucci Now Offering IEMCA Automata 2.5, 5.0 and 10
Bystronic Announces Machine Demonstration Days March 7th and 8th
Delcam Launches FeatureCAM 2012 Feature-Based CAM System
Dillon Offers Large Diameter Full Grip Jaws
DMG/Mori Seiki Open House at DECKEL MAHO Pfronten
Drken Launches New Analytics Department
FISHER/UNITECH to Provide Aras Enterprise PLM Software
Ganesh Machinery Introduces VFM-4020 Express VMC
Haas Automation Produces 125,000th CNC Machine
Hardinge Machine Technology Show to be Held June 6-7
Heartland Machine & Engineering Open House April 3
High Performance Alloys Adds Flow Waterjet
IMS Software Releases IMSpost, IMSverify Interface for Mastercam
Invera and SigmaTEK Systems Release STRATIX/SigmaNEST
Magma Announces Two Certified User Achievements
Mahr Federal Introduces MarWin 4.5 Software Platform for Surface Finish
MC Machinery Introduces New MC Milling Line
The MFG Meeting March 8-11 in Orlando, FL
Mid Atlantic Machinery Open House to Take Place March 28-29
Northeast CNC Appointed Mighty Viper Distributor
State of Ohio Supports Milacron Job Creation with Tax Incentive
Lunch & Learn Series to Take Place at Okuma Facilities
OMAX Helps Judge Future Inventions at Georgia Tech
Pendarvis Manufacturing Celebrates 30 Years Serving Southern California
Plex Systems Hosts 11th Annual PowerPlex Conference
Royal Machine & Tool Celebrates 60th Anniversary
Sandvik Coromant Open House April 3
SigmaTEK Launches Roadshow
WESTEC 2012 to Premiere New Features
Expand MaterialHandling-AGVs-Storage-InvCtrlMaterialHandling-AGVs-Storage-InvCtrl
Expand Quality Control-MeasurementQuality Control-Measurement
Expand WESTEC 2012 Product PreviewWESTEC 2012 Product Preview

show all editions →
Email   email
State of Ohio Supports Milacron Job Creation with Tax Incentive


Milacron LLC was recently awarded an employee tax incentive from the Ohio Tax Credit Authority to support the company's creation of jobs in Brown County.

The incentive is based on Milacron's recent $1.5 million capital investment for equipment to expand capabilities at its Mt. Orab facility. The expansion is expected to add at least 35 new jobs to the plant's existing 199-person workforce, and the incentive is based on the company's ability to meet this goal over the next three years.

Currently, Brown County has an unemployment rate of 10.2%, one of the highest in the State of Ohio. By providing incentives for manufacturing corporations like Milacron, the Ohio Tax Credit Authority is helping stimulate immediate job creation in the region, as well as giving corporations tools for expanding their infrastructure to create sustainable long-term job growth into the future.

"Given the high unemployment rate in this region, tax incentives are increasingly important in helping companies like Milacron support our growth initiatives," said John Francy, Milacron LLC's Chief Financial Officer. "We want to recognize the contribution of the Brown County Department of Development in helping us secure this incentive."

Milacron continues to demonstrate a firm commitment to the economic success of the state. Not only are its corporate headquarters based in Ohio, four of its six business units are located there as well, providing more than 710 regional jobs.

"With strong roots in Ohio, Milacron is the only plastics injection molding machinery manufacturer still based in the United States. This tax incentive supports our mission to provide American manufacturers with the equipment and machinery they need to be successful," said Francy.

For more information contact:

Milacron LLC

3010 Disney Street

Cincinnati, OH 45209

513-487-5000

info@milacron.com

www.milacron.com

< back