Induction Tooling Inc., a supplier of selective hardening inductors, broke ground on a new 25,000 square foot facility in North Royalton's York Alpha Industrial Park, Phase II yesterday.
Induction Tooling Inc. (North Royalton, Ohio), a supplier of selective hardening inductors, broke ground on a new 25,000 square foot facility in North Royalton's York Alpha Industrial Park, Phase II yesterday. In February, the city approved an Enterprise Zone Tax Incentive Agreement averaging 50% over 15 years for Induction Tooling's $1.85 million expansion project, the first project to be built in the newly improved industrial park. According to William Stuehr, president of Induction Tooling, the expansion will enable the company to not only retain 25 jobs but also create at least five new jobs within the next three years.