State Rep. Scott Wiggam | The Ohio House of Representatives
State Rep. Scott Wiggam | The Ohio House of Representatives
Welch Packaging Group, a leading manufacturer of custom cardboard packaging solutions, is set to open a new location in Wooster, Ohio. This exciting development comes after the company received the latest round of Job Creation Tax Credits from the Ohio Tax Credit Authority (TCA).
State Representative Scott Wiggam, who represents Wayne County, where Wooster is located, expressed his enthusiasm for this job creation opportunity. He stated, “Wayne County is open for business. These jobs are a welcome addition to the Wooster community and a testament to what Wayne County has to offer businesses looking to grow. I look forward to seeing their future accomplishments.”
The new Welch Packaging Group facility is expected to create 50 full-time positions, providing a significant boost to the local economy. Additionally, it is estimated that this expansion will generate over $3.2 million in new annual payroll, further strengthening the financial landscape of the region.
Welch Packaging Group has established itself as a trusted partner for businesses across the Midwest, helping them bring their products to market with its high-quality packaging solutions. With this new location in Wooster, the company aims to expand its reach and serve a wider range of industries.
The Job Creation Tax Credit approved by the Ohio Tax Credit Authority demonstrates the state's commitment to fostering economic growth and attracting new businesses. This seven-year tax credit, set at 1.37%, will provide the necessary incentives for Welch Packaging Group to flourish in Wooster.
Welch Packaging Group's decision to invest in Wooster speaks volumes about the city's favorable business environment and strategic location. With its proximity to major transportation routes and a skilled workforce, Wooster offers an ideal setting for companies seeking to expand their operations.
The arrival of Welch Packaging Group in Wooster is not only a significant win for the local community but also a testament to Ohio's thriving business climate. As the company begins its journey in Wooster, it is expected to make a lasting impact by creating job opportunities and contributing to the region's economic growth.