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Kent, OH 44242
Phone: 330-672-4080
or 800-793-0912
International: 001-330-672-4080
Email: mmorgan@neotec.org

 

German Manufacturing Firm Selects Akron for New Facility:
RÖCHLING BRINGS 100+ JOBS

February 22, 2011

Akron Mayor Don Plusquellic announced today that the city has landed a German high-performance plastics manufacturing company that will come to the city with more than a hundred new jobs for Akron area residents.

Röchling (RURSH ling) Automotive USA has selected Akron for its $15 million, 75,000 square foot facility to be built in the Massillon Road Industrial Park.

“We are pleased Röchling Automotive USA has chosen Akron and Northeast Ohio for new manufacturing,” said Mayor Plusquellic. “We have been successful in attracting 30 companies to Akron from Europe, Asia and Israel, bringing over 2,000 jobs to the city and the region.”

Röchling does injection molding of automotive parts. The company will initially employ 123 skilled workers including machinists, with an annual payroll of approximately $5 million.

Plusquellic and regional partners worked together as a team to attract Röchling: Akron, Summit County, the State of Ohio, Springfield Township, FirstEnergy Corp., the Greater Akron Chamber, NEOTEC and Team NEO worked with the Binswanger Company--- Röchling’s site location consultant--- on behalf of the three Northeast Ohio communities of Akron, Hudson and Stow.

Robert Bowman, Deputy Mayor for Economic Development, said that Akron and NEOTEC, through direct marketing efforts at the International Plastics Show in Düsseldorf, Germany- known as the K-Show - had the opportunity to meet directly with the company’s Automotive Division Managing Director Robert Eimer. (EYE mer)

“This face-to-face connection allowed us to better understand the needs of the company and to more quickly respond to their timetable,” Bowman said. “This was a quick turnaround deal, much like the agreement we reached with FMI Technologies of China late last year.”

From Israel, where he has embarked on yet another trade mission, Mayor Plusquellic today also applauded the efforts of Akron City Council to approve the project in a timely manner. On January 10, 2011, City Council approved an incentive package put together quickly by Bowman and his staff.

The conditions Akron is offering include:

• Twelve acres of city-owned property in the Massillon Road industrial park, located off Massillon Road between U.S. Route 224 and Interstate 77.

• Tax-increment-financing for eight years. (TIF freezes the value of the land before any improvements are made, and for the length of the agreement, taxes on the land are paid as if the land had never been developed.)

• A rebate equal to one percent of the total annual payroll for the first five years of operation. The company's payroll is expected to be about $5 million. The jobs would be in production and management, with an average hourly wage of about $20.

• First right of refusal on an adjacent five-acre lot in the industrial park for future expansion.

Röchling is an international company with 54 facilities in 20 countries and about 6,000 employees. The company's automotive division is based in Mannheim, Germany.

This is the fourth development in the Massillon Road Industrial Park which located on Massillon Road between Route 224 and Interstate 77.