News & Press

Loc Performance Products to Create 250 New Jobs

Expansion Increases Capacity to Design and Manufacture Drivetrain and Suspension Systems

Published: Mon Apr 25 2022

Company Name: Loc Performance Products, LLC

Location: St. Marys

Site Region: Western

Industry Sector: Advanced Manufacturing

Company Profile: Loc Performance Products designs, develops, and manufactures CNC machined components and assemblies for drivetrain and suspension systems used in defense, heavy truck, and heavy equipment industries.

Company Website: https://www.locperformance.com/

Project Summary:

Type of Project: Acquisition

Jobs:

Jobs committed: 250
Jobs retained: 450

Capital Investment: $40,000,000

Timetable: In December 2021, Loc Performance finalized the acquisition of Continental’s St. Marys, Ohio facility, bringing it under U.S. ownership.

Company Need:

Demand for Loc’s products led the company to search for new space to increase production. The acquisition of the St. Mary’s site brought a talented workforce and a facility that included room for expansion.

We are excited to grow operations at the St. Marys’ facility. This project will help Loc Performance expand its commercial and military portfolio. We appreciate the support of JobsOhio, the Dayton Development Coalition, and the City of Saint Marys to help make this possible.

- Lou Burr -

Loc Performance CEO

Why Ohio?

Ohio is home to an array of federal & military installations supporting over 380,000 jobs and delivering nearly $40 Billion in gross regional product. Surrounding those installations is an industrial base that represents $69 billion in total economic activity, accounting for nearly 6% of the state’s economy.

Ohio offered Loc Performance Products workforce expertise, a strategic location, and an operation that was already a Department of Defense contractor. The purchase of the 800,000+ square-foot facility in St. Marys allowed Loc Performance to expand its manufacturing capabilities by integrating rubber application processes in-house and increasing its market share in the agriculture commercial business and military track markets. Loc Performance is a prime defense contractor with the United States Army. This project allows Loc Performance to continue to support its military customers and expand its in-house abilities.

Collaborators:

JobsOhio, Ohio Department of Development, DDC, City of St. Mary’s