Plastics packaging maker Logoplaste SA plans to build a new plant in Northwest Ohio.
Portugal-based Logoplaste will invest $35 million on the project, according to a recent resolution passed by Lima City Council. The 100,000-square-foot plant will be located on a 16-acre lot in nearby Perry Township.
Logoplaste is receiving a 75 percent property tax abatement for 10 years on improvements from Lima, Russell Township and the Port Authority of Allen County. County commissioners were to vote on a similar abatement on June 11.
Logoplaste officials could not be reached for comment. Much of Logoplaste's production is blow molding, although specifics about processing were not available. The Lima resolution said the plant would create 51 new jobs within three years. Of the $35 million investment, $5 million would be spent on construction, with the remaining $30 million spent on machinery and equipment, according to the resolution.
At the council meeting where the resolution was passed, local economic executive Cindy Leis said that "these attraction projects don't come along every day" and that "this one in particular happened to be perfect."
Leis serves as business development director for the Allen Economic Development Group. She said Logoplaste also considered several other sites in Ohio.
Logoplaste makes bottles and other rigid packaging at 64 global plants, employing more than 2,300. Almost 70 percent of its plants are co-located at customer sites. End markets include dairy, food and beverage, personal care, home care and auto care.
In late 2018, Logoplaste moved some operations from a plant in Plainfield, Ill., to one in Yorkville, Wis., in order to be closer to a nearby plant operated by cleaning products firm S.C. Johnson & Son Inc.