As published in Toledo Business Journal - April 1, 2014
Manufacturing Business Development Solutions
Manufacturing Business Development Solutions, LLC (MBDS) is undertaking a new location project. The company, headquartered in Findlay, is expanding its operations by opening a new manufacturing facility in the Highland Acres Industrial Park, located on the north side of Upper Sandusky in Wyandot County.
MBDS, founded in 2003, is an automotive supplier. The company manufactures various hoses, fittings, and assemblies for Toyota, Honda, and Nissan auto suppliers. According to MBDS, its material expertise includes composites, glass, metal, plastic, and rubber.
The new location project involves MBDS, a multi-million dollar company, acquiring a existing 78,000 square foot facility, previously occupied by Bridgestone APM Company.
“The Upper Sandusky location was chosen due to the availability of applicable manufacturing space,” stated Greg Moon, director of Wyandot County Economic Development (WCED). “(The location) provided a geographical location that is well-suited to serve the distribution network of MBDS. The company’s site search included various locations in northwest Ohio and the State of Kentucky.”
In addition to its facilities in Ohio and Kentucky, the company also has locations in Wisconsin, Indiana, Georgia, Pennsylvania, and New York.
State support also influenced the company to have the project in Ohio. The Ohio Tax Credit Authority approved a 40%, six-year tax credit to MBDS for the creation of $915,200 in new annual payroll as a result of the project. MBDS expects to create 40 full-time equivalent positions at this location.
MBDS is investing approximately $2.6 million in this project, including $500,000 for production machinery and equipment.
“The WCED, City of Upper Sandusky, and JobsOhio partners from the Regional Growth Partnership (RGP) worked directly with company leadership to locate this expansion in northwest Ohio,” Moon stated. “In addition to incentives from the State of Ohio, various forms of local support were offered, including a unanimously approved CRA agreement that will abate 74% of the property taxes for facility improvements over the next 10 years.”
According to Moon, this new location will be equipped with green technology.
“New energy efficient lighting will be installed in the facility’s offices and manufacturing and warehouse areas,” Moon stated.
Of the 78,000 square feet this building offers, approximately 5,000 square feet will be office space and the remaining 73,000 square feet will be used for manufacturing, production, and warehouse space, according to Moon.
The new location project is anticipated to be completed this month.
“Wyandot County is very fortunate to have located an employer such as MBDS, who is a proven good steward to its home communities,” Moon concluded. “The local economic development office and Upper Sandusky leaders are committed to supporting the company’s local expansion and continued profitable growth.”