Regional manufacturer plans $4M-plus expansion, 63 new jobs

Aug 23, 2018News, Newsletter

Thomas Gnau, Staff Writer
Dayton Daily News

 

Forklift and equipment manufacturer Crown Equipment Corp. is planning a more than $4 million expansion at its New Knoxville facility, an application for a building permit indicates.

The expansion at 7587 Ohio 219 will cover 57,460 square feet and is valued at $4,061,037, according to a building permit application filed last month. The expansion is for a “new manufacturing addition.”

The state of Ohio expects the project in Auglaize County expects to create 63 full-time positions by the year 2021, which will generate $2.5 million in new annual payroll.

Late last month, the Ohio Tax Credit Authority approved for the project a 1.309 percent tax credit for 6 years. The New Knoxville plant was one of two Crown facilities considered for the expansion, with the other site in Indiana.

Based in New Bremen, Ohio, Crown Equipment designs and makes forklifts, material handling equipment and their components.

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2024 Annual Excellence Awards Call for Nomination: Deadline: August 1, 2024

The Ohio Economic Development Association’s annual excellence awards program recognizes the achievements of individuals and organizations in Ohio in the areas of economic and workforce development. Submit your nominations today and have excellence in your community recognized state-wide! A panel of OEDA members will assess the nominations, determine finalists, and select an overall winner. Award winners will be announced at a ceremony during the OEDA Annual Summit to be held September 5 – 6, 2024, in Toledo, Ohio. Award finalists will be notified prior to the Annual Summit. Winners and finalists will be promoted on OEDA’s website and in an OEDA e-newsletter

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