Oriental Magnetic Card Engineering Co., Ltd. is considering Northeast Ohio for its first North American facility, according to a news release.
The Shanghai-based company is "considering the purchase" of a building in Strongsville, Ohio, the release stated. The company plans to hire 200 employees for the new location.
OMEC makes smart cards, tags and tokens, and other plastic smart cards, for municipal, governmental, industrial and enterprise markets.
"We are looking forward to forming tighter bonds with our existing customers and expanding our North American customer base through innovative products, better service and faster turnaround," said Eric Li, general manager for OMEC, in the release. "Thanks to the great support from the economic development team and local government, we are confident that we can grow successfully and bring value to the community."
An economic development team including the city of Strongsville, Cuyahoga County, the Ohio Development Services Agency, JobsOhio and Team NEO worked with OMEC on the project, which is still subject to state review and the approval of incentives. The release noted that OMEC "cited a business-friendly environment, available talent and access to market as reasons for selecting the Strongsville location."