| Cincinnati.com Written by: Rachel Richardson Date: December 6, 2013 |
| LEBANON – A major international ink producer on Thursday celebrated the groundbreaking of a new factory in Warren County.INX International Ink Co., the third-largest producer of ink in North America, is spending $18 million to move operations from its Blue Ash facility to a new, 62,000-square-foot manufacturing complex in the Lebanon Commerce Park. The new plant, which includes space for an additional 30,000-square-foot expansion, replaces the company’s 12,000-square-foot Blue Ash operation. Ten employees are expected to move with the company to the new facility. The new location will add 23 new employees when it opens in 2014 and up to 40 employees in the next two to three years, said Rick Clendenning, the company’s president and chief executive. He said those jobs will mostly be factory and technical positions paying an average hourly rate between $18 and $21, along with some management and administrative positions. The new positions are expected to generate $2 million in additional annual payroll and will retain $645,000 in existing payroll, according to documents filed with JobsOhio. “The people here we have are good people. And we always find good people in this area,” Clendenning said. The Japan-based company considered locations in Texas, New York and Kentucky before settling on the 11-acre Lebanon site, said John Hrdlick, senior vice president. “All the states had incentives, but Ohio was upfront with them, and it was close to our customer base,” he said. The company has been approved for a 40 percent, six-year tax credit from the state of Ohio. Lebanon also is providing a 100 percent, 15-year tax abatement. The expansion is a “big deal” for Lebanon, said City Manager Pat Clements. “They’re making a substantial investment in this site. We like to bring in companies and then watch them grow, and most of the companies here have done exactly that,” he said. The Schueler Group of Companies is representing the landowners in the deal and serving as developer of the 752-acre Lebanon Commerce Park. Bunnell Hill Construction Co. Inc. is the project’s general contractor. INX International has more than 15 facilities in the U.S. and Canada and is a global supplier of the Sakata INX Corp., a $1.3 billion company. The company’s Lebanon facility will manufacture inks to be used in food manufacturing packaging products and will also include a full-service laboratory. |
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