10/31/18 – 5:19 A.M.
A Findlay auto parts maker is growing. Ohio is giving Mitec a tax credit to help the company hire 77 people by the end of 2021. The jobs will pay an average of $61,000 per year. Mitec already employs around 166 people. The company is building a more than 54,000 square foot addition to its facility at 4000 Fostoria Avenue.
Findlay-Hancock County Economic Development director Tim Mayle says the company plans to become a machining company. That means they’ll produce parts in Findlay rather than import and assemble them.
The payroll tax credit approved Monday by the State Tax Credit Authority is worth an estimated $340,000.
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