McWane Ductile Expands Coshocton, Ohio, Operations
This investment includes provisions for renovating and expanding the facility, infrastructure improvements and the addition of a new annealing line.
“The opportunities afforded by this partnership cannot be overstated, and we are proud to work with JobsOhio, Ohio Southeast Economic Development and the Coshocton Port Authority to take this important step toward our state’s shared vision for long-term economic resilience,” said McWane Ductile Ohio General Manager, Tom Crawford. "By tying capital investments to job growth, these incentives provide a win-win, strengthening Ohio’s market competitiveness while securing our Coshocton workforce to sustain their families and our local economy.”
The investment has more than doubled since the initial $21.5 collaboration was finalized with JobsOhio, the Ohio Department of Development, Ohio Southeast Economic Development and the Coshocton County Port Authority, including support by a tax credit from the Ohio Tax Credit Authority, according to company officials.
“McWane is an industry leader in waterworks production and supply, and we welcome its continued success in Ohio,” said J.P. Nauseef, president and CEO of JobsOhio. “The company’s expansion of its Coshocton facility will add 50 new jobs and demonstrates the value of Ohio talent for manufacturers looking to grow their business in North America.”
The JobsOhio Talent Acquisition Services (TAS) program will assist the company with talent recruitment efforts and help build a pipeline of electrical and industrial maintenance talent.
“The TAS program is designed for growing companies like McWane and provides various professional services over a 12- to 24-month time period,” said OhioSE President, Mike Jacoby. “This is not a loan or a grant but an investment on the company’s behalf by the JobsOhio Talent Team Members and JobsOhio partners with customized solutions to assist in attracting and retaining quality employees. These are unique times, and finding and training talent is the biggest need among companies across the country. McWane is a longstanding and valuable contributor to Southeast Ohio’s economy, and we are happy to provide these specialized professional services.”
McWane is an industry leader in waterworks, fire protection and technology manufacturing. The company's ductile iron pipe facilities make products that bring safe, clean water to homes and businesses. Ductile iron maintains a maximum margin of safety against service failures and provides a durable and reliable solution for utility systems.
The 2021 Top States for Doing Business Reflect Their Locational Advantages
Area Development’s 17th Annual Shovel Awards Recognize State and Local Economic Development Efforts — First Two Platinum Shovels Awarded
In Focus: “Golden Age” of Spec Development
In Focus: Demand for Industrial Land Surges
36th Annual Corporate Survey: Executives Focus on Labor, Energy, Shipping Costs
Using Robust Project Controls to Enhance Project Management
Explosive Growth of Life Sciences Sector Comes with Challenges