News & Press
A New Solar Panel Support Plant Will Bring 71 New Jobs to Northwest Ohio
Ice Industries will utilize an existing 150,000 square foot plant in Bowling Green to build steel reinforcements to support the solar panel industry.
Company Name: Ice Industries, Inc.
Location: Bowling Green
Site Region: Northwest
Industry Sector: Advanced Manufacturing
Company Profile: Ice Industries is much more than a manufacturing supplier-they are a true manufacturing partner, providing world-class stamping, fabrication, machining, welding and assembly solutions to clients.
Company Website: http://www.iceindustries.com/en
Project Summary:
Type of Project: New Location
Jobs:
- Jobs committed: 71
- Jobs retained: 0
Types of jobs: General laborers, supervisors, material handlers, maintenance, accounting, and operations associates
Capital Investment: $7,000,000
Timetable: The operation’s launch is slated for this October
Company Need:
Ice Industries has entered into a multi-year contract to supply upwards of one million parts per month supporting a major solar panel manufacturing company. At current raw material pricing, sales will equate to upwards of $97 million annually. A capital and launch cost investment will approach $9 million in total. Initial production sales will occur in October 2022.
Testimonial:
“This is a new and significant opportunity for Ice to support the growing and important solar industry,” said Howard Ice, Chairman and CEO of Ice Industries. “These jobs were anticipated to result from our country’s increasing focus and investment in clean energy technology.”
Why Ohio?
Northwest Ohio’s existing solar investment, logistics advantage, glass heritage, and steel production and forming knowledge is coming together in support of alternative energy.
Collaborators:
JobsOhio, Regional Growth Partnership (Northwest Ohio), Bowling Green Economic Development