News & Press
P&THE Manufacturing to Revitalize Ross Aluminum in Sidney, creating 175 jobs
Acquisition Brings Expansion and Revitalization of Cast Aluminum Facility
Company Name: P&THE Manufacturing
Location: Sidney
Site Region: Western
Industry Sector: Advanced Manufacturing
Company Profile: P&THE Manufacturing is an aluminum foundry producing aluminum castings in the aerospace, performance racing, diesel engine, and power generation industries.
Project Summary:
Type of Project: Acquisition
Jobs:
- Jobs committed: 175
- Jobs retained: 49
- Types of jobs: Advanced Manufacturing
Capital Investment: $5,034,000
Company Need:
The P&TH Manufacturing acquisition of Ross Aluminum is targeted at revitalizing this casting company. Its growth will bring 175 new jobs in Sydney, Ohio. This business casts aluminum parts, primarily for the aerospace, auto, and specialty industries. The company is looking to build on local expertise, and the acquisition has retained 49 jobs.
Testimonial:
Why Ohio?
The acquisition fits into P&THE’s strategy to acquire a collection of world-class enterprises that serve global communities by providing customers with the highest quality manufacturing parts and services as their Global Minority Business Enterprise of choice.
Ohio’s manufacturing sector employs more than 600,000 skilled individuals, the third-largest manufacturing workforce in the U.S. This surplus means there are more dedicated, well-trained workers in Ohio to support your growth. More than 50 campuses graduate over 13,000 engineers & engineering technicians annually.
Collaborators:
JobsOhio, DDC, City of Sidney