US expansion launched by Saica Group
Published: 15 October 2020 | No comments yet
Saica Group held a groundbreaking event at the site of its first US plant, in Hamilton, Ohio, which marks Saica’s expansion into the US market and represents a $72-million investment.
The 350,000 square-foot plant will manufacture corrugated packaging, ‘This event marks the start of ambitious expansion plans for the U.S. market,’ said Saica Group president Ramón Alejandro. ‘We’re excited that this day is here, and truly appreciate the support we’ve received from our partners here in the U.S.’
State and local incentives are supporting Saica’s investment in Hamilton. In June, the Ohio Tax Credit Authority approved an eight-year job creation tax credit to build the new facility in Hamilton.
JobsOhio is supporting the project through an economic development grant and a JobsOhio Workforce Grant. The project also will receive a job creation tax credit and property tax abatement by the city of Hamilton.
‘We’re happy to see this project moving forward,’ JP Nauseef, JobsOhio CEO. ‘Saica Group is a great fit for this region, and this plant will help create opportunities in Hamilton and beyond.’
REDI Cincinnati also supported this project, and credits collaboration between JobsOhio and the city of Hamilton for successfully attracting Saica to the region.
‘Saica selecting our region is the direct result of several organisations working together to bring manufacturing jobs here,’ said Brandon Simmons, REDI Cincinnati vice president of project management. ‘I look forward to seeing the company thrive as it expands to the U.S.’
Saica Group expects to create 64 new jobs in the region, including 27 skilled operators, 15 manufacturing, engineering and supply chain professionals, 13 sales staff and nine office and management jobs.
Because of COVID-19 concerns, in-person attendance at the event was limited, but several regional government officials were on hand to welcome Saica to the region, while others joined via video messages. Cincinnati-based Miller-Valentine Group is building the project.