Ohio Approves Incentives for Battery Assembly Plant That Would Create 1,200 Jobs
SIDNEY, OH—Fresh off of winning Intel’s $20 billion project to make semiconductors in Licking County, the state is on the verge of landing another big project: a $900 million investment by a Chinese manufacturer of materials used in batteries that power electric vehicles and other products.
The Ohio Tax Credit Authority approved tax incentives for Semcorp Manufacturing USA for the project, which would create some 1,200 jobs in Sidney, OH. The jobs have a payroll of $73 million.