Company plans to build manufacturing facility in Dover with 450 jobs
DOVER – (February 26, 2024) WJER) – A manufacturing company plans to build a $30 million, 130,000-square-foot facility on the north side of the city, bringing 450 jobs and $27 million in payroll.
Ohio Gov. Mike DeWine and other state officials Monday announced a deal with Schaeffler for the company to build its third northeast Ohio facility in Dover. It will manufacture components to support the hybrid and electric vehicle industry.
LOCAL PRESS RELEASE: https://www.tuscedc.com/press-releases/2024/2/26/tuscarawas-county-leaders-celebrate-historic-deal-schaeffler-manufacturing-facility-in-dover
STATE PRESS RELEASE: https://content.govdelivery.com/accounts/OHIOGOVERNOR/bulletins/38d49a1?reqfrom=share
Dover Mayor Shane Gunnoe called it a tremendous shot in the arm for the city’s economy.
The 67-acre site along North Wooster Avenue that extends into Parral has been in the news before. About a year and a half ago a group of local developers bought the property hoping to attract retail and industrial development. Target was one of the stores they mentioned.
Gunnoe says Schaeffler plans to purchase the entire site with an eye on future expansion.
“We’re looking forward to years of future growth on that site,” Gunnoe said.
Gunnoe says officials have been in talks with Schaeffler for about 14 months, but Schaeffler has been working with state officials for years. They hope to break ground before the end of the year.
The state, city, and local school district have put together tax incentive packages to help lure the company to Dover. Gunnoe plans to talk about it at a special Dover Council meeting at 6 p.m. this afternoon.