The company is relocating 65 employees from office space at 7312 Central Parke Blvd. in Mason to the new building and adding 50 new full-time production employees to their ranks.
Those hired with start working over the next severa weeks through March 12, the company said.
More than half of America’s recycled waste paper is processed on equipment made by Kadant Black Clawson, whose roots stretch back to Butler County in 1873.
MORE: This 145-year-old area company is moving to Lebanon and hiring
Lebanon Mayor Amy Brewer said the city, the city manager and the economic development department had been working for an extensive period of time on securing the company for the community, which she said is “beyond exciting” for Lebanon.
“To bring in such a quality business and industry for our city is outstanding, but it took a lot of work,” she said. “As we all know … businesses are always looking to locate and choosing the right location and so there’s a lot of competition.”
The company’s expansion is fueled by a state tax credit approved in January by the Ohio Tax Credit Authority. The 1.687 percent, eight-year Job Creation Tax Credit for the company’s expansion project is expected to create 62 full-time positions, generating $3.5 million in new annual payroll and retaining $7.4 million in current payroll
MORE: Company eyeing 62 new jobs gets tax boost
FIRST COVERAGE: $10 million manufacturing plant would employ 134 in Lebanon
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