Ohio Lumex Co. Facility Expansion
Sector: Commercial • Location: Solon, Ohio, United States
Source: Crain's Cleveland Business
Ohio Lumex Co. in Solon is acquiring and expanding into a new 82,000-square-foot facility, more than doubling its current operational footprint. The project is expected to create 30 full-time jobs and generate $2.8 million in new annual payroll. The project has a seven-year, 1.338% Job Creation Tax Credit and requires Ohio Lumex to keep operations at the project site for 10 years. The investment i
- Status
- Prospective
- Sector
- Commercial, Government
- Location
- Solon, Ohio, United States of America
- Updated
- 22 Jul 2026
- Source
- Crain's Cleveland Business
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Project Information
Participants
Sponsoring Agency |
Status
Original status | planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Ohio Lumex Co. in Solon is acquiring and expanding into a new 82,000-square-foot facility, more than doubling its current operational footprint. The project is expected to create 30 full-time jobs and generate $2.8 million in new annual payroll. The project has a seven-year, 1.338% Job Creation Tax Credit and requires Ohio Lumex to keep operations at the project site for 10 years. The investment includes $8.5 million for building costs and $500,000 for machinery and equipment, totaling $9 million. |
Original sector | Technology |
Budget |
Location
Country | United States of America (USA) |
State | Ohio |
City | Solon |
Source
Source | Crain's Cleveland Business |
URL |
More Details
Record type | Project |
Sector | Commercial, Government |
Article published date | 2025-12-19 |
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