EXTREME MACHINE Trustees OK tax deal to entice company

The abatement would save the company up to $2 million.
By ANTHONY NICK
VINDICATOR CORRESPONDENT
BROOKFIELD -- Brookfield Township trustees unanimously voted Tuesday to give a Youngstown company a tax abatement to move to the township.
Extreme Machine and Fabricating would receive a 60 percent, 10-year tax abatement on personal property taxes for up to $2 million. It must be approved by the Trumbull County commissioners.
The company will move from its East Dennick Avenue location to the Oxford Automotive building on Stewart Sharon Road.
It makes and refurbishes processing equipment for the steel, aluminum, pipe and railroad industries.
Extreme Machine employs 63 people and plans to add 29 workers over the next three years, said Judith Ingrao, company controller said.
"We're growing in leaps and bounds," Ingrao said. She added the company will advertise for employees in local newspapers and with the Ohio Department of Jobs and Family Services.
Pay range
Ingrao said because of the skilled nature of the company's employees, no guarantee could be made that they will be hired from one specific area. She said company employees earn between $30,000 and $50,000 annually, with full benefits.
Ingrao said she has not determined how much money the company will save from the abatement. The company plans to spend about $1.15 million at the Brookfield facility on new equipment and improvements.
Trustee J. Phillip Schmidt said the $2 million abatement figure approved by the board could be amended if the entire amount is not needed.
Ingrao said the company needs a larger building because of its growth. Not only did the Oxford Automotive building meet its size requirements, but it can also support large overhead cranes, she said.
Also, the company's owners, Richard Wanchisn and Gerald Taafe, live nearby, Ingrao said. Wanchisn is from Hermitage, and Taafe lives in Hubbard.