OCECO

Seneca County ranks in Top 10 nationally for economic development

Site Selection Magazine March 2018Community earns third such ranking in five years

TIFFIN, OHIO – March 5, 2018 – The Seneca Industrial & Economic Development Corporation (SIEDC) announced today that Seneca County has again placed in the top ten nationally in Site Selection Magazine’s rankings for large, private economic development projects – placing tenth out of the 575 micropolitans in the US for the honor for the second year in a row. Site Selection has been annually ranking states and cities since 1978.

This is the sixth year in a row that the Tiffin-Seneca micropolitan area has ranked in the top 100 nationally and the fifth year for ranking in the top ten percent. Qualifying projects must involve a capital investment of at least $1 million, create at least 20 new jobs, or add at least 20,000 sq. ft. of new floor area. Six Seneca County projects qualified for Site Selection, including projects by American Fine Sinter, Treves, OCECO, Mennel Milling and an industrial speculative building in the Eagle Rock Business Park.

Tiffin Mayor Aaron Montz praised the announcement. “The momentum continues, and businesses keep expanding, locating and starting up in our community. We are proud of this ranking.” Fostoria Mayor Eric Keckler agreed, “Fostoria and Seneca County are demonstrating that we are a great place to do business.” Seneca County Commission President Mike Kerschner agreed: “We are establishing a track record of success that business finds attractive, and we look forward to more good things to come.”

This year, Ohio ranked as the number two state for development projects and the entire Northwest Ohio region posted strong numbers, with Findlay taking the number one micropolitan slot, Defiance tying with Seneca County for tenth, and Toledo ranking seventh in its division. “Northwest Ohio continues to be an economic development powerhouse,” said Dean Monske, President & CEO of the RGP Northwest Ohio in Toledo, the regional economic development organization for Northwest Ohio. “We congratulate the Toledo metro area, Findlay, Defiance and Tiffin on their national success.”

A press release from Site Selection magazine and a list of rankings can be found here. More information can be found at siteselection.com.

About SIEDC
Started in 1983, the Seneca Industrial and Economic Development Corp. (SIEDC) is a private, non-profit corporation dedicated to driving positive economic, downtown, and community development in Tiffin and Seneca County, Ohio, which consistently ranks among the top communities nationally for economic development. Learn more about the great things going on in Tiffin and Seneca County at www.senecasuccess.com.

Local investors announce OCECO acquisition and expansion

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President & CEO Mike Ruhe and Manufacturing & Marketing Manager Keith Ricker

Total investment to exceed $2.5 million

TIFFIN, OHIO – August 10, 2017 – Investors announced this week the purchase of OCECO Inc., located in the Airport Industrial Park in Tiffin, as well as plans to expand the business. The new owners have purchased the business, and are in the process to purchase the real estate, as well as invest in new equipment. They also plan on adding six new employees to the existing workforce.

President and CEO Mike Ruhe sees room for growth in the business: “We have identified opportunities to expand sales, and we are very impressed with the employees; they know we need to grow and they are ready.”

Founded in 1921, OCECO is a fabricator of high quality safety equipment for flammable liquid storage and wastewater gas disposal systems. They supply airports and energy companies like Marathon and Exxon Mobile and also do a large amount of business with municipalities, food production, and factory farms. Key products include fittings, flame arrestors and gas purification systems. They operate out of a 38,000 square foot facility in the Airport Industrial Park and have nine employees.

Seneca County Commission President Mike Kerschner is pleased to see the company grow: “OCECO has been a presence in the community for many years. It’s great to see new investment breathing new life into an existing company.”

The purchase of OCECO has been in development for more than a year, and the new owners are working with several banks, SIEDC, and other partners to obtain funding and receive assistance with export promotion and energy efficiency incentives. Previous owner Dick Borer, who purchased the company from Pettibone, worked diligently in finding new leadership to keep the business in Tiffin, and will be assisting with the transition.

About OCECO
OCECO – originally an abbreviation of Oil Conservation Engineering Company – was started in Cleveland, Ohio in 1921, and was the first supplier of a complete line of venting and tank fitting equipment.

About SIEDC
Started in 1983, the Seneca Industrial and Economic Development Corp. (SIEDC) is a private, non-profit corporation dedicated to driving positive economic, downtown, and community development in Tiffin and Seneca County, Ohio, which consistently ranks among the top communities nationally for economic development. Learn more about the great things going on in Tiffin and Seneca County at www.senecasuccess.com.