Manufacturer will invest $10M in Monroe County facility, add 15 jobs

American Heavy Plate Solutions LLC plans to invest $10 million “to purchase machinery and equipment designed to increase production throughput and expand the range of products the company can manufacture” at its Hannibal Industrial Park facility in Monroe County, The Marietta Times reports. The expansion, which is expected to add 15 jobs over three years, was announced by the company, JobsOhio, the Monroe County Port Authority and Ohio Southeast Economic Development, according to the article. JobsOhio “supported the project with a $100,000 JobsOhio Revitalization Grant,” while the port authority, which owns the industrial park, will provide the additional funds needed to repair “about 17,000 square feet of the roof” to facilitate the expansion. For more, read the full article.

Economic Development, Project Finance, State Updates