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    November 03, 2015

    Automotive manufacturer announces plans to expand

    REDI lg

     Automotive manufacturer announces plans to expand

    260 new jobs coming Greater Cincinnati

    A Lebanon-based automotive manufacturer is expanding. REDI Cincinnati, the region’s leading economic development initiative, today announced the advancement of ADVICS Manufacturing Ohio, Inc. through the Ohio Tax Credit Authority (TCA) review and approval process.

    ADVICS will construct a third building on its campus. The company makes disc brake calipers and electronic stability control units on 20 different vehicles for many of the world’s leading automakers.

     “ADVICS has been a valued member of the Lebanon business community for more than 25 years,” said Jason Millard, economic development director for the City of Lebanon. “We are excited to see the company’s continued growth an investment in our community.”

     The new building will house ADVICS’s electronic park brake business as well as aluminum caliper production. The commitment will translate into:

    • 260 new jobs
    • 714 retained jobs
    • $150.5M capital investment

    “Automotive manufacturers continue to be vital assets in our regional economy,” said Johnna Reeder, president & CEO of REDI Cincinnati. “We’re proud to see this local company continue to grow and thrive in Greater Cincinnati.”

    REDI’s year-to-date numbers closed in on 14,418 total jobs and more than $534M in capital investments through October 2015.

    2015 REDI Cincinnati YTD Project Commitment Metrics*

    7,206 Total New Jobs Created, 7,212 Total Retained Jobs,

    and $534M+ Capital Investment

    • ADVICS Manufacturing Ohio, Inc. New Jobs 260, Retained Jobs 714, Capital Investment $150,500,000
    • CDK Global, LLC New Jobs 1,000, Retained Jobs 80, Capital Investment $9,750,000
    • Tech Mahindra (Americas) Inc. New Jobs 50, Retained Jobs 35, Capital Investment $100,000
    • RelaDyne LLC New Jobs 30, Retained Jobs 101, Capital Investment $1,440,000
    • PFFA Acquisition, LLC New Jobs 39, Retained Jobs 2, Capital Investment $0
    • Al. Neyer New Jobs 0, Retained Jobs 0, Capital Investment $0 (revitalization project)**
    • Lucas Group New Jobs 18, Retained Jobs 0, Capital Investment $0**
    • CEMax New Jobs 10, Retained Jobs 0, Capital Investment $0**
    • STOROpack, Inc. New Jobs 20, Retained Jobs 100, Capital Investment $11,000,000**
    • Stewart Filmscreen Corp. New Jobs 30, Retained Jobs  17, Capital Investment $100,000
    • EBTH, Inc. New Jobs 40, Retained Jobs  30, Capital Investment $200,000
    • Overland Xpress LLC New Jobs 35, Retained Jobs  38, Capital Investment $10,000
    • Legend Athletic Wear LLC New Jobs 80, Retained Jobs  0, Capital Investment $1,386,750
    • Barclays Services, LLC, New Jobs 1,500, Retained Jobs  0, Capital Investment $9,300,659
    • DownTime Reduction Incorporated, New Jobs 12, Retained Jobs  9, Capital Investment $1,200,00
    • Hydrotech, Inc., New Jobs 14, Retained Jobs  88, Capital Investment $3,350,000
    • Process Plus Holdings, Inc., New Jobs 25, Retained Jobs  96, Capital Investment $500,000
    • Saturday Knight, Ltd., New Jobs 0, Retained Jobs  75, Capital Investment $5,595,000**
    • Tokin Corporation New Jobs 22, Retained Jobs  0, Capital Investment $600,000**
    • Forest Pharmaceuticals New Jobs 90, Retained Jobs  128, Capital Investment $13,662,950**
    • Corodata Healthcare Innovations New Jobs 30, Retained Jobs  18, Capital Investment $1,485,007**
    • MLW Squared, Inc. New Jobs 113, Retained Jobs  32, Capital Investment $4,500,000**
    • Garrett Day, LLC New Jobs 0, Retained Jobs  0, Capital Investment $0**
    • Tire Discounters, Inc. New Jobs 10, Retained Jobs  111, Capital Investment $600,000**
    • ODW LTS, LLC, New Jobs 40, Retained Jobs  37, Capital Investment $400,000
    • Tripack, LLC, New Jobs 60, Retained Jobs  25, Capital Investment $6,000,000
    • iSqFt, Inc., New Jobs 110, Retained Jobs  300, Capital Investment $15,500,000
    • Airtech LLC, New Jobs 40, Retained Jobs  4, Capital Investment $1,921,798
    • CTL Aerospace,  New Jobs 46, Retained Jobs 225, Capital Investment $6,300,000
    • Kingsgate Transportation Services, Inc., New Jobs 30, Retained Jobs 21, Capital Investment $25,000
    • The Kroger Co.,  New Jobs 649, Retained Jobs 25, Capital Investment $46,000,000
    • Milacron, New Jobs 294, Retained  Jobs 933, Capital Investment $11,000,000
    • Peter Cremer North America L.P.,  New Jobs 122, Retained Jobs 167, Capital investment $9,000,000
    • The Business Backer, LLC,  New Jobs 125, Retained Jobs 55, Capital Investment $1,000,000
    • Aprecia, New Jobs 150, Retained Jobs 0, Capital Investment $25,500,000
    • CE Power Solutions,  New Jobs 24, Retained Jobs 36, Capital Investment $1,150,000
    • Mercy Health,  New Jobs 175, Retained Jobs 1,050, Capital Investment $4,360,000**
    • USUI International Corporation, New Jobs 150,  Retained  Jobs 154, Capital Investment $13,800,000**
    •  Nitto Denko, New Jobs 15, Retained Jobs 63, Capital Investment $1,000,000
    • Advanced Ground Systems Engineering LLC, New Jobs 15, Retained Jobs  1, Capital investment $280,000
    • Masters Pharmaceutical, Inc. , New Jobs 100, Retained Jobs 229,  Capital Investment $17,516,000
    • The C.M. Paula Company,  New Jobs 29, Retained Jobs 80, Capital Investment $190,000
    • Intelligrated Systems, LLC,  New Jobs 238, Retained Jobs 510, Capital Investment $12,200,000**
    • Curiosity, LLC,  New Jobs 28, Retained Jobs 38, Capital Investment $100,000
    • SSB Manufacturing Company, New Jobs 106, Retained  Jobs 181, Capital Investment $15,000,000
    • Startek USA, Inc.,  New Jobs 682, Retained Jobs 0, Capital Investment 0
    • AK Steel Corporation, New Jobs 15, Retained Jobs 75, Capital Investment $4,700,000**
    • Petbrosia, LLC, New Jobs 23, Retained Jobs 3, Capital Investment $310,000**
    • Mitsubishi Electric Automotive America, Inc., New Jobs 100, Retained Jobs 452, Capital Investment $80,800,000
    • Assurex Health, Inc., New Jobs 150, Retained Jobs 124, Capital Investment $4,500,000
    • FirstGroup America, Inc.,  New Jobs 75, Retained Jobs 330, Capital Investment $0
    • Frutarom USA, Inc., New Jobs 45, Retained  Jobs 61, Capital Investment $3,114,000
    • Metcut Research Associates, Inc., New Jobs 15, Retained Jobs 149, Capital Investment $11,140,000
    • NPW-USA, Inc., New Jobs 17, Retained Jobs 0, Capital Investment $0
    • The Gorilla Glue Company, New Jobs 110, Retained Jobs 210, Capital Investment $26,500,000

    *Represents company commitment at time of announcement. **Includes b-metric and loan projects that do not require Tax Credit Authority approval.

    About REDI Cincinnati
    The Regional Economic Development Initiative (REDI) Cincinnati leads the economic development effort in the three-state, 15-county region at the intersection of Ohio, Kentucky and Indiana. The organization was formed in 2014 as a means to improve the region’s ability to successfully retain, grow and attract companies. REDI serves as a single point of contact for target companies, makes greater use of the local business community in the recruiting process and employs a tight focus to economic development efforts. In 2014, REDI played a key role in creating 3,379 jobs, retaining 5,049 jobs and bringing $268M in capital investment to the Cincinnati region. For more information, please visit redicincinnati.com.

    About JobsOhio
    JobsOhio is a private, non-profit corporation designed to drive job creation and new capital investment in Ohio through business attraction, retention, and expansion efforts. As part of this statewide effort, JobsOhio works closely with its regional economic development partners, known collectively as the JobsOhio Network. With deep ties to local business communities, the six-region Network provides the necessary connectivity to achieve a One Firm, One State approach to selling Ohio. Learn more at jobs-ohio.com.

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