Fox Tank Company Plans Coshocton, Ohio, Operations
07/02/2025
The investment will include the lease of a facility in the Marcellus and Utica Shale region where the company can serve customers in the upstream and midstream sectors of the oil and gas industry.
“The expansion comes in response to the increasing demand for Fox Tank’s equipment from customers producing oil and natural gas from the Marcellus and Utica shale formations covering Pennsylvania, West Virginia and Eastern Ohio,” said R. Nathan Fox, CEO of Fox Tank Company. “This strategic move will create many new jobs in Coshocton and the surrounding area and further solidify Fox Tank Company’s position as a key economic driver in the region. The expansion also allows FTC to better serve our customers, both established and new, with faster delivery times, lower freight rates and enhanced support.”
The project is being supported by a $450,000 JobsOhio Grant and a Job Creation Tax Credit from the Ohio Tax Credit Authority.
“With one of the largest manufacturing workforces in the nation, Ohio stands ready to quickly support Fox Tank Company’s first facility in the state, which will be within the Marcellus and Utica Shale regions,” noted JobsOhio President and CEO J.P. Nauseef. “Eastern Ohio’s proven talent will help Fox Tank continue its 50-year tradition of serving the oil and gas industry with quality products.”
Fox Tank Company is a manufacturer of steel storage tanks and equipment for the oil and gas industry, specializing in API-grade tanks for upstream and midstream operations.
“Fox Tank locating in Coshocton is a significant win for the region,” added Matt Abbott, OhioSE President and CEO. “Their confidence in our region’s skilled workforce underscores the advantage of doing business in Southeast Ohio. This investment aligns with the growth we’re seeing in Southeast Ohio’s energy industries and will contribute to the long-term success of Fox Tank’s operations in Coshocton.”
Project Announcements
Little Leaf Farms Plans Coffee County, Tennessee, Production Operations
07/02/2025
White Rock Truss & Components Expands Lee County, Virginia, Operations
07/02/2025
Fox Tank Company Plans Coshocton, Ohio, Operations
07/02/2025
Ascentek Expands Shreveport, Louisiana, Operations
07/02/2025
ProBio Establishes Hopewell, New Jersey, Gene Therapy Operations
07/02/2025
22nd Century Technologies Expands Fairfax County, Virginia, Headquarters Operations
07/02/2025
Most Read
-
20th Annual Area Development Gold and Silver Shovel Awards
Q2 2025
-
First Person: Joe Capes, CEO, LiquidStack
Q2 2025
-
The Legal Limits of DEI in Incentives Agreements, Hiring, and Contracting
Q2 2025
-
From Silicon to Server: Mapping the Data Center Supply Chain
Q2 2025
-
39th Annual Corporate & 21st Annual Consultants Surveys: What Business Leaders and Consultants Are Saying About Site Selection
Q1 2025
-
Rethinking Life Sciences Site Selection in a Resilient and Dynamic Market
Q2 2025
-
Top States for Doing Business in 2024: A Continued Legacy of Excellence
Q3 2024