Huhtamaki, an international manufacturer of consumer products, including Chinet dining brands, plans to open a $57 million paper-cup manufacturing plant in Batavia, Ohio, the Dayton Daily News reports.
Assuming the company moves forward with the plans the plant is expected to open late next year and it has committed to create more than 200 jobs within three years of when a tax credit goes in effect.
As part of Ohio’s Job Creation Tax Credit, the Finnish company, which also has operations in Clinton and Warren Counties, received a 60 percent, seven-year tax credit for its estimated $7.6 million.
The company has offered to pay $7.6 million for 900,000-square-feet of existing building space and 60 acres of land at Batavia’s former Ford transmission plant, which closed in 2008, the newspaper reported.
The company had acquired last year Ample Industries Inc. of Franklin, which makes nested paperboard products for the food service industry, is not moving operations or jobs from Franklin, according to reports.
The Finnish company employs 600 people in Fulton making paper cups, containers and lids for the frozen desert and food industries, including major customers such as Nestle, Hershey, Friendly’s, Starbucks and Wegmans. Its U.S. headquarters are in De Soto, Kan.