Asst. Minority Leader Robinson: Excited to See $9M Business Investment, Expansion in District 19

COLUMBUS — State Rep. Phil Robinson (D-Solon) today announced that the Tax Credit Authority (TCA) has approved the expansion of Ohio Lumex, a local Solon business, creating 30 new jobs, retaining 50 current jobs, and seeing a capital investment of almost $9M.

Rep. Robinson applauded the investment in the local company:

“I’m happy to see this investment in an existing company in our district. This opportunity provides a local business the ability to expand, create new jobs, and bring new opportunities in our community, ” said Rep. Robinson.

Ohio Lumex Co., Inc expects to create 30 full-time-equivalent positions, generating $2.8M in new annual payroll as a result of the company's expansion in Solon.

Ohio Lumex manufactures products that utilize state-of-the-art technology to provide measurement solutions for a variety of applications. The proposed project includes building expansion, new machinery, and equipment to provide additional space and support continued innovation.

TCA approved a 1.338 percent, seven-year Job Creation Tax Credit for the project.