The Streetsboro company obtains a tax abatement for its expansion
A Streetsboro manufacturer received a tax abatement to expand operations in the city.
Aurora Plastics, located in the Interstate Commerce Industrial Park at 9280 Jefferson Street, will expand its facilities, creating between 18 and 28 new jobs. Currently, 68 people work at the plant.
Aurora Plastics manufactures polyvinyl chloride compounds, polymers and custom plastics for various industries. The Streetsboro plant is the company’s headquarters and manufactures primarily rigid and flexible PVC pipe, said Patrick O’Malia, director of economic development for the city. The 25,000 square foot expansion will allow the facility to expand its rigid PVC compounding capabilities and eventually add a powder coating and granular line.
Mayor Glenn Broska said Streetsboro faces serious competition for investment from a community in Texas’ “chemical corridor.” Most of the companies that sell the resins Aurora Plastics needs to make its products are in Texas, but Streetsboro, and northeast Ohio in general, are very strong in chemicals and plastics.
“A lot of people automatically associate us with metals because of the Rust Belt moniker, but we have one of the highest manufacturing concentrations of plastic and rubber products in America. This aligns with Aurora Plastics’ polymer needs,” O’Malia said. the Portage County Port Authority and JobsOhio, we were able to make a very strong case for the project.
Broska said Aurora Plastics will receive a 49.5% property tax abatement for 10 years on the 25,000 square foot expansion.
“A lot of people think we only give a tax break for new projects, but that’s not true, we like it when we get the chance to help companies that have been here for years,” he said. said Broska. “Aurora Plastics has been a good neighbor and has donated to schools, our bicentennial, and the shop with a cop program.”
Broksa said the company is sensitive to noise complaints from close neighbors and has worked to soundproof some operations.
“We couldn’t be happier they’re here and have decided to invest in Streetsboro and not Texas,” Broska said.