Beagle
Announces 800 Jobs to the Miami Valley
COLUMBUS–
State Senator Bill Beagle (R–Tipp City) today joined with Ohio
Governor John Kasich in announcing 800 new Ohio jobs being created in
the Miami Valley. The company, Fuyao North America Glass Company,
will invest more than $200 million into the project.
Beagle
joined Kasich in making the announcement with company executives from
the Governor’s Cabinet Room in the Ohio Statehouse this morning.
“For
years, the empty shell that once was the General Motors plant has
stood as a stark reminder of the pain our region suffered in the
recession,” said Beagle. “Today, that plant stands for something
new. The once lifeless, jobless plant is now a symbol of Ohio’s
growing and vibrant economy. And once this plant is filled with
hundreds of new, hard working employees, it will stand as a reminder
of the resiliency of our state’s economy and the spirit of a people
who won’t be held back by the winds of economic change.”
According
to the Kasich Administration, Fuyao's new facility will be the
largest Chinese investment ever made in Ohio. According to the
foreign investment tracking organization FDI Markets, it will also be
the largest Chinese investment ever made east of the Mississippi
River and the largest Chinese automotive industry investment ever
made in the U.S. since records have been kept (2004, FDI Markets).
The
administration also reports that Fuyao is the largest automotive
glass supplier in China with 65 percent of the market and 18 percent
of the global automotive glass market. The company currently has a
presence in the U.S., Germany, Russia, Japan, South Korea, Australia,
Brazil, and many other countries in the world.
The
agreement bringing the company to Ohio was signed in the Statehouse
today with company executives. Fuyao is expected to purchase more
than 1 million square feet of space in the Moraine plant.
Among
the expected 800 employees the company plans to hire will be those
skilled in production, engineering, maintenance, and management.
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