National Machinery

National Machinery’s next $6.5M expansion

2014_05_22 - National Machinery Video

Click here to watch video – WTOL 11 in Toledo

National Machinery, a global leader in cold forming machinery and process technology headquartered in Tiffin tomorrow, continues to grow and expand its presence. The latest news involves the approval of a local tax incentive for a $6.5 million investment and the creation of at least 20 new jobs. The project involves an expansion of both manufacturing and research and development capacity.

This event follows the announcement last year of expansion plans supported by JobsOhio, the Regional Growth Partnership, and the Ohio Tax Credit Authority. The unanimous passage of a New Jobs Tax Credit by Tiffin City Council this week demonstrates the community’s commitment to job creation and helping our existing companies remain competitive. We at the Seneca Industrial Economic Development Corporation (SIEDC) enjoyed working with the company and Crowe Horvath to make the incentive and project a reality.

National Machinery is an NM Group Global affiliate, which is also headquartered in Tiffin, Ohio. NM Group Global owns companies with operations in OH, IN, NY and several countries worldwide. National Machinery itself was started in 1874 in Cleveland and was recruited to come to Tiffin in 1882 (economic development has been going on here for more than 130 years!) Among several other accomplishments in invented several of the world’s largest forging presses and introduced the world’s first cold nut former in 1944, which is still industry’s preferred process. Today, the company has machines in operation in 61 countries and facilities in Tiffin (HQ, manufacturing, R&D); Nuernberg, Germany; Suzhou, China; and Nagoya, Japan.

Clearly, this is a Seneca Success!

Seneca Co. companies using $80M state training program

National Machinery in Tiffin

National Machinery was awarded a $40K+ grant under the IWTVP.

The State of Ohio is investing millions of tax dollars into improving the skills of Ohioans working right now.  Those currently employed workers–called “incumbent” workers in workforce development lingo–have often been overlooked by state and federal training programs, which have traditionally helped the unemployed, dislocated workers, and/or new hires get skills to get a job.

The Ohio Incumbent Workforce Training Voucher Program (IWTVP) turns the “new hires”-only model on its head and takes casino fees and delivers it directly to companies in certain targeted industries  to cover up to half of the costs of training those employees, up to $4,000 per employee and $250,000 per company. The first round in 2012 totaled $20 million, and another $30 million was released last year. Another $30 million has been budgeted for the next state fiscal year, beginning July 1, 2014. In the last round, 620 companies were given grants, with more than 51,000 workers planned to receive training.

In Seneca County, National Machinery, a world leader in metal cold forming equipment based in Tiffin, received a grant of more than $43,000 and has used about half of it so far. Church & Dwight, manufacturer of the famous Arm & Hammer baking soda, received a grant of about $7,000 and has spent about 2/3 of it. We would love to see more businesses take advantage of this great program, and Carol Owen Kern, the county Workforce Administrator, will help businesses determine if they’re qualified and help them through the application process. Businesses I’ve talked to love working with Carol, who can be reached by phone at 419-447-5011 (322) or by email at owenc@odjfs.state.oh.us. Given that we’re only four months away from the new state fiscal year, we want companies to begin to become aware of the program now.

Here are some key links for the program:

Seneca County in top 5% for economic development

1303CoverBIGWhen I was exploring various communities, something struck me about Tiffin and Seneca County – its economic development success. It’s a very well-kept secret, but it’s pretty amazing. There are 576 Micropolitan Statistical Areas (or “Micropolitans”) in the US, which are urban areas (counties) around a city of 10,000 to 49,999 in population–which is exactly what Seneca County, Ohio is.

Also, every year, these micropolitans compete for economic development bragging rights by sending in their large private investment projects to Site Selection Magazine. Site Selection then racks and stacks each micropolitan and releases in their March issue the top 100 (20%) nationally in terms of the number of projects. In order to qualify, a project must involve (a) 50 or more new employees, (b) 20,000 or more new square feet of space, or (c) $1 million in investment.

So, here’s the amazing part. For seven of the last ten years, Seneca County has ranked in the top 100 (the top 20%) across the country. And last year, it tied for 30th, putting it among the strongest 5% nationally. This is great news and is a testament to the county’s economic growth, the great businesses here, the community’s support of business, and the great job Rich Focht and Karen Bowers did at SIEDC (my organization). The table below is from the March 2013 edition of Site Selection, in particular the article on micropolitans.

The four projects for 2012 for Seneca County were as follows (source: Ohio’s Private Investment Survey 2012):

2012TopMicropolitans