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Manufacturers Expanding Hamilton Facilities

(Hamilton)--Hamilton City Council has unveiled two tax incentive packages that will bring hundreds of jobs to the city. Economic Development Director Joey Gunderson says ThyssenKrupp Bilstein plans a $20 million expansion, adding 75 new jobs, and Vinylmax plans to add 150 new jobs with a $15 million expansion of their facility at Hamilton Enterprise Park.Both companies are being offered a 75% tax abatement over 10 years. The city is offering Vinylmax a deal on 16 acres of land next to their facility, and ThyssenKrupp will get a two year  break on their utilities. The package should get final approval during council's February 9th meeting. The Ohio Tax Credit Authority has already approved a tax incentive package for the two companies.



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