Fire sprinkler company to bring 75 jobs, $4.1M payroll to Brookfield
Ohio has approved a tax break for a company that says it will bring 75 new, full-time jobs with a $4.1 million annual payroll to Brookfield Township.
The Ohio Tax Credit Authority on Wednesday okayed a 1.417%, seven-year Job Creation Tax Credit for Indiana-based Shambaugh & Son LP.
Progressive Pipe Fabricators, a division of Shambaugh & Son plans to open a 50,000 square-foot fabrication facility at in Masury on Standard Avenue.
According to Team NEO, the facility will be located at 1433 Standard Ave. in Masury.
Progressive Pipe Fabricators will fabricate and deliver more than 20,000 individual sprinklers per week and have the capacity to ship more than one million pounds of fabricated sprinkler pipe per week.
"We couldn't be more excited about this new facility," said Rob Vincent, Shambaugh's Chief Operating Officer, National Fire Protection. "By expanding our fabrication capabilities throughout the United States, our new shop will now serve a much larger geographic area. What's even more exciting is that while we're expanding our reach, we're simultaneously bolstering our sustainability efforts by reducing fuel consumption and improving speed to market."
The Youngstown/Warren Regional Chamber, JobsOhio, ODOD, and Team NEO collaborated with Progressive Pipe Fabricators, providing a variety of resources and insights to help bring the project to fruition.
Youngstown/Warren Regional Chamber President & CEO Guy Coviello said, "Progressive Pipe Fabricators strategic investment in our community reinforces why the Mahoning Valley is a great place for businesses to locate and expand, with its necessary supply chain and continuous economic growth. This project brings needed job creation and investment to an existing industrial park, further supporting and shining a light on the Masury community."
Team NEO's CEO Bill Koehler added, "The Mahoning Valley is an ideal location for Progressive Pipe Fabricators to locate a new facility. With its robust manufacturing industry and excellent connectivity, the area is well positioned to ensure the company's growth. Along with our local partners, ODOD, and JobsOhio, we look forward to ensuring their success in the Northeast Ohio Region."
In addition, the company will claim the tax credit on Ohio employee payroll generated at the project location in excess of the company’s baseline payroll at the project location.
Shambaugh specializes in new and retrofit construction for industrial, food processing, commercial, institutional, health care, pharmaceutical, and bio-fuel projects.