Summary:
$2.69 million investment by Mirac Tabtronics to create 40 new jobs in Southern Ohio
Investment will revitalize the Manchester facility and enhance operations in Lynchburg
Expansion supports medical, military, and aerospace production
JobsOhio provides a $591,000 Revitalization Grant to facilitate the project
Mirac specializes in printed circuit boards and wire harnesses
Major Investment in Southern Ohio
CINCINNATI (WKRC) - A high-tech manufacturing center, Mirac Tabtronics, has announced a significant $2.69 million investment in its operations located in Adams County and Highland County. This strategic move is set to create 40 new jobs in the region.
About Mirac Tabtronics
Mirac Tabtronics specializes in printed circuit boards and wire harnesses, serving various sectors such as medical, transportation, and industrial. The company is headquartered in Lynchburg, Ohio.
Expansion Plans
J.P. Nauseef, President and CEO of JobsOhio, stated that Mirac’s investment will revitalize its existing Manchester facility and enhance operations in Lynchburg, positioning the company for long-term growth in the area. The expansion aims to support new medical, military, and aerospace production to meet increasing market demands.
Job Creation Breakdown
- The Manchester facility will receive an investment of $1,042,827, transforming it into a state-of-the-art advanced manufacturing site, creating 20 new jobs in Adams County.
- In Lynchburg, Mirac will invest $1,650,000 at its headquarters, also generating 20 new jobs.
Community Commitment
Edward Carter, President and COO of Mirac, expressed gratitude for the support from JobsOhio, emphasizing the importance of sustaining and expanding employment opportunities in Southern Ohio.
Financial Support
JobsOhio is facilitating this project with a $591,000 Revitalization Grant, aimed at bridging financial gaps in site redevelopment efforts.
Comments
Join Our Community
Create an account to share your thoughts, engage with others, and be part of our growing community.