Tax abatements for Milacron expansion approved

Milacron Entrance (800x403)

Milacron plant in Williamsburg Township.

BATAVIA, Ohio (Jan. 12, 2016) – At their Dec. 17, 2015, session, Clermont County Commissioners approved an enterprise zone agreement that included a tax abatement for Milacron LLC, which is expanding its operations in Williamsburg Township.

In concert with Williamsburg Township trustees, Commissioners OK’d a  60 percent property tax abatement over 10 years, saving Milacron approximately $779,000.

Milacron, a leader in the plastics processing industry, is investing $6 million in its Williamsburg Township operation, including the construction of a 28,000-square-foot addition to its building plus various upgrades to increase production. The company plans to add 149 full-time positions to its current workforce of 646 within three years of completion of its construction. The new positions will add $7 million to its payroll. Milacron was also awarded job creation tax credits through JobsOhio.

“We’re pleased that Milacron decided to keep its operations in Clermont County, and expand them,” said Andy Kuchta, Director of Community and Economic Development. “They have been a long-time presence in Clermont County, and it’s great that they are committed to staying here.”

Milacron had considered moving its Southwest Ohio operations, which included sites in Oakley and Mt. Orab in addition to Williamsburg Township, to Indiana. The company previously announced that it was moving its corporate headquarters from Oakley to Blue Ash. #####