Record
Pub...
Kasich
helps open Kent firm
by Thomas Gallick
November 23, 2011
Ohio
Gov. John Kasich stopped in Kent
Tuesday with a message of hope for those seeking a Rust Belt revival.
“People
thought manufacturing was
dead,” Kasich said. “Well, they’re dead wrong.”
Kasich
visited Kent to celebrate the
opening of MAC LTT, just one stop on his recent tour of sites in the
state
where new jobs have been created. In the past week, the governor has
traveled
from Toledo to Cincinnati announcing nearly 2,000 new jobs coming to
the state,
including 1,100 at the Toledo Jeep plant.
MAC
LTT, which produces liquid tank
trailers, has created more than 60 jobs so far in Kent, with around 200
additional jobs expected next year.
Kasich
said he believes the firm will
be especially successful when fracking, the practice of using a mixture
of
water and chemicals to drill through hard rock and release natural gas,
becomes
more popular in the state. He said MAC LTT’s tanks could be used to
transport
the fracking fluid.
Kasich
said his administration does
serious research into the viability of new projects before giving
businesses
loans and grants for new operations or expansions.
“The
incentives that we provide
companies have to yield a return so that we’re not losing money and
giving
money away,” Kasich said. “This company, when you take into account ...
all the
taxes the state will get from the new jobs, it is a return on our
investment in
year one.”
Michael
A. Conny, CEO of the
Alliance-based MAC Trailer, MAC LTT’s parent company, said the grand
opening of
the new division was a “dream come true.”
Conny
said the dream of expanding was
almost dashed due to the economic downturn and poor lending conditions
of
recent years. He said MAC LTT would not exist in Kent without the
state’s
help.
“The
state of Ohio has absolutely put
us in the driver’s seat in this building,” Conny said. “The state has
definitely helped us create jobs here, and we’re going to do our part
and have
250 jobs here before you know it.”
In
September, the state Controlling
Board OK’d around $6 million in financing and grant funding to MAC LTT
to help
with the process of expansion.
By
early October, the first tank
trailer came off of the MAC LTT assembly line, located at former home
of
Fontaine Trailer at 1400 Fairchild Ave. The company has a goal of
producing 400
tank trailers per year.
Dan
Smith, Kent’s economic development
director, said MAC LTT is the biggest new employer to come to Kent
since Land
O’Lakes arrived in 1983.
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