German company bringing 230 jobs to Norwalk
Friday, July 04, 2014
Article by Sandusky Register
The Germans are coming!
Borgers USA Corporation announced Monday that it is building a new $60 million automotive components manufacturing plant at Firelands Industrial Park in Norwalk, bringing 230 new jobs to the area. Borgers USA is the U.S. subsidiary of Borgers AG.
It's the biggest economic development announcement in Norwalk in years, said Ellen Heinz, executive director of Norwalk Economic Development Corp.
"This is the largest attraction project we've had in many years," Heinz said. "We're so overwhelmed with joy about the opportunities this project will bring."
The jobs are expected to generate an $8.3 million payroll. The plant will be located on 27 acres.
The state of Ohio approved a 55 percent, eight-year Job Creation Tax Credit for the project, said Matt Englehart, a spokesman for JobsOhio. In addition, JobsOhio provided assistance that will be publicly announced on the JobsOhio website once the final agreement is executed, Englehart said.
Local partners also helped make the project a reality, Heinz said.
JobsOhio said agency officials visited the company's headquarters in Bocholt, Germany, in November 2013.