G-Tekt North America To Establish R&D Center in Dublin, Ohio
08/27/2013
The North American subsidiary of the Japanese firm was established in April to support auto production. The Dublin location will serve as a research and development facility for design and development of parts and manufacturing equipment for automobile producers. Dublin officials said “due to increasing growth, the corporate expectation is for G-Tekt North America to be the global auto body frame component manufacturer with strong R&D capability.”
As an incentive Dublin officials offered the firm a $30,000 location grant tied to the purchase and renovation of a local plant facility. The company was also offered the company a 5-year, 12 percent, performance incentive on collected withholdings, with annual targets and a $69,000 cap to qualify. City officials will consider the incentive package, at a second hearing, on Sept. 9. Earlier this year the Ohio Tax Authority also provided the firm with tax incentives.
Project Announcements
Germany-Based ZEISS Expands Chesterfield, Missouri, Research-Production Operations
10/04/2024
Piramal Pharma Solutions Expands Lexington, Kentucky, Operations
10/04/2024
G&H Decoys Plans Corning, Arkansas, Headquarters-Manufacturing Operations
10/04/2024
Britain-Based Ultimate Defense Technologies Establishes Billings, Montana, Operations
10/04/2024
Google Plans Dorchester County, South Carolina, Data Center Operations
10/04/2024
Sirius Analysis Plans Virginia Beach, Virginia, Headquarters
10/04/2024
Most Read
-
Top States for Doing Business in 2024: A Continued Legacy of Excellence
Q3 2024
-
What the Latest EPA PFAS Rule Means for Site Due Diligence
Q3 2024
-
Cold Storage: The Next Big Thing in Industrial Real Estate
Q3 2024
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
The Challenge of Securing Sufficient Electrical Power for Battery Cell Plants
Q3 2024
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
Semiconductors’ Fragile Relationship With Water May Be Tested
Q3 2024