Shiloh Industries to bring Clarksville 150 new jobs

The Leaf-Chronicle

A replacement tenant for the abandoned Contech/Metal Forge factory building in the Clarksville-Montgomery County Corporate Business Park will bring about 150 new jobs to town in an estimated $20 million investment.

On Tuesday afternoon, the city-county Industrial Development Board approved a nine-year property tax abatement agreement to help facilitate the deal with new tenant Shiloh Industries Inc. The company is a steel and aluminum supplier to the automotive industry. Already having a manufacturing presence in nearby Dickson, the company’s leading customer in this region is the Nissan plant in Smyrna.

Bob Poeppelman of Valley City, Ohio, tax director for Shiloh, told the IDB Tuesday that the facility on Alfred Thun Road has been sitting virtually idle since Contech went under the throes of corporate bankruptcy. About eight employees have remained to maintain the building day-to-day, and they will keep their jobs through the transition.

View the full article here

Tue, July 29, 2014