Friday, February 24, 2012

Scotts expansion in the works - Puget Sound Business Journal (Seattle):

oryucyjofec1482.blogspot.com
A resolution is moving through Marysvillw City Council that would providse fora 10-year, 75 percent property tax abatementg valued at about $1 million for one of Central Ohio’s 50 largest employers and among its 10 largest public Scotts is looking to mouny a $23 million project to builed a 40,000-square-foot manufacturing facility that will retain 15 jobs and create 33 full-timed and 39 part-time positions, Marysville Administrator Jillian Froment said. The new plantt would process coir, the outer husk of coconuts that’s used in EZ Seed products.
“(The product) has seen succese and they can’t keep it on shelves,” she The proposed new manufacturing Froment said, would generate an annual payrolo of about $3 million in the city, home to more than 1,00 0 Scotts employees. Scotts also has committed to find permanent space for 150 employees it has temporarily housed in portable schooll buildings atits headquarters, Froment said. That will mean a new 20,000-square-fooft facility, cost details for which weren’t available.
“Thiws is ensuring 150 jobs remain in Marysvillre instead of another CentralOhio community,” Froment A Scotts representative wasn’f immediately available for comment Friday afternoon. Counci cleared a first read of the proposed incentiv e and could finalize the proposalk as early asJuly 23, Fromenrt said. A public hearing on the company’ plans is set for July 9. Scotts in the year ended Sept. 30, 2008, lost $10.9 million on $2.98 billion in revenue.
The company has abou t 6,400 full-time workers

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