Location: 3117 Southside Avenue, Cincinnati, Ohio 45204
Project Type: Business Expansion/Expansion
Description: Peter Cremer North America expanded their operations in Sedmansville. The oleochemical supplier serves a variety of business segments, including pharmaceutical, personal care, cosmetic, soaps and detergent, as well as several companies in the agriculture industry. Even after completing a recent expansion, company growth led them to purchase several acres of city-owned land that will house a new 78,000 square foot manufacturing facility. The latest expansion will create 125 jobs, reflecting an investment of $6.9 million. The new site is slated for completion in early 2016.
Total Investment: $6.9 million
Type of City Assistance: For phase 1 of the expansion, the City provided a Community Reinvestment Area tax abatement.