Abatement secures 112 jobs at extrusion plant

Abatement secures 112 jobs at extrusion plant

YOUNGSTOWN — The Mahoning County commissioners approved a 60 percent, 10-year real estate tax abatement for expansion of a North Jackson aluminum extrusion plant that is projected to create 20 new jobs over the next three years.

The Canadian-based Extrudex Aluminum Inc. plans to add 27,225 square feet to its 120,000-square-foot facility at 12051 Mahoning Ave., making a total investment of $2.5 million, including new machinery and equipment. The county, Jackson Township and Jackson-Milton schools will collectively forgo $101,300 in property tax revenues over the 10 years.

Besides creating the new jobs, the abatement secures 112 current jobs at the plant, said Thomas Presby, manager of business assistance projects for The Regional Chamber.

The Woodbridge, Ontario-based company produces products for the truck and transportation industry. The North Jackson plant is the company’s only U.S. facility. The expansion work is now under way and scheduled for completion early next year.

For the complete story, see Friday’s Vindicator and Vindy.com.