Company will invest $19 Million and Create 60 new jobs
An advanced manufacturing company has announced plans to expand operations into Northwest Ohio, bringing a significant new investment and jobs to Putnam County.
Luxorion Plastics, LLC will invest $19 million to construct a 45,000 square-foot facility in Putnam County. This new project in Leipsic is expected to create 60 new jobs.
Company representatives said increased demand leading to new contracts has driven the need for additional manufacturing capacity. Northwest Ohio’s central location in the Midwest market as well as its rail and highway infrastructure were key factors in the company’s decision to locate a new facility in Putnam County. The company also credited the coordinated approach of local and state economic development teams in helping secure the right property for the project.
We are excited to welcome Luxorion Plastics to Leipsic. This investment and the creation of new jobs are a strong vote of confidence in Putnam County, our workforce and the advantages Northwest Ohio offers manufacturers. This project is also an example of what can happen when we work together with our regional and state partners to understand a company’s needs and move a project forward. We look forward to supporting Luxorion’s growth and success for many years to come,” said Amy Sealts, Director of Economic Development at the Putnam County Community Improvement Corporation.
Northwest Ohio possesses the very best of the manufacturing mindset because its engrained in the business community, upheld by the universities, and embraced by the region’s people.
Over the last five years, manufacturing-related businesses have brought nearly $7 billion of new investment to Northwest Ohio adding 10,000 new jobs. And just last year in Putnam County, businesses invested nearly $44 million into operations, with $3.5 million in new payroll.
The Regional Growth Partnership (RGP) is the lead economic development organization serving 17 counties in Northwest Ohio. As a private, nonprofit development corporation, the RGP is dedicated to fostering regional, national, and international business investment opportunities. The RGP serves as Northwest Ohio’s network partner for JobsOhio. Visit www.rgp.org for more information.
JobsOhio, Ohio’s private nonprofit economic development corporation, accelerates company growth and workforce development through business attraction, retention, and expansion across ten targeted industry sectors. Collaborating with seven regional partners, including the Regional Growth Partnership, JobsOhio provides a comprehensive, customer-focused network that helps companies and communities thrive. Learn more at www.jobsohio.com.
