Vinylmax Expands Hamilton, Ohio, Manufacturing Complex
According to REDI Cincinnati, the $4 million investment will be used to outfit the new, 150,000-square-foot expansion.
“Since moving to Hamilton twelve years ago, Vinylmax has found the city to be a great partner, and Ohio is home to our families,” said Laura Doerger-Roberts, Vinylmax Windows president. “We are very happy that our local community has enthusiastically embraced this opportunity for local growth and expansion.”
The Ohio Department of Development approved a job creation tax credit today to support Vinylmax’s investment. The project is contingent on additional support from the City of Hamilton. JobsOhio plans to provide additional assistance, which will be made public after a final agreement is executed.
“With new home construction surging by as much as 29% across the country, VinylMax is uniquely positioned to take advantage of the growth with its increased manufacturing capacity,” said Kimm Lauterbach, REDI Cincinnati president and CEO. “Our partnership with JobsOhio, the Ohio Department of Development, and the City of Hamilton made the project possible.”
Vinylmax is in the midst of a five-year growth plan intended to grow annual revenue from approximately $50 million in annual revenue to $91 million in annual revenue. The growth will come from expanded sales territory, new product offerings, and diversification of our distribution model. The company is accommodating this new growth by adding a shift, but it will also require additional space.
Greenidge Generation Holdings Plans Spartanburg, South Carolina, Cryptocurrency Datacenter
Investor Cash Management Plans Wilmington, Delaware, Headquarters-Customer Service Center
The “Great Resignation” Is Impacting Corporate Relocations
Workforce Q4 2021
Innovation Corridors Have Economic Assets Driving Business Growth
The 2021 Top States for Doing Business Reflect Their Locational Advantages
Workforce Development Programs Are in Overdrive
Workforce Q4 2021
35th Annual Corporate Survey: Effects of Global Pandemic Reflected in Executives’ Site and Facility Plans
17th Annual Consultants Survey: Consultants Are Optimistic About the Year Ahead