Tax credits granted, jobs promised at new Springfield plant

April 24, 2017 at 11:24 am EDT

Brad Pepper, vice president of Topre America Brad Pepper, vice president of Topre America, talks about the new $10 million facility his company plans to build in the Champion Business Park in Springfield and the Honda front end, in foreground, that they intend to build there. Bill Lackey/Staff

April 24, 2017 at 11:24 am EDT

The Ohio Tax Credit Authority unanimously approved today a seven-year tax credit for Topre America Corp.'s new Springfield plant.

The tax credits are expected to help the company create at least 85 new jobs and generate more than $3 million in new payroll.

Topre is a Honda and Toyota auto parts supplier that has announced plans to take over the Champion City Business Park in Springfield for its operations.

The credit will begin in 2019 and expire in 2025. Ohio competed with Pennsylvania for the new plant and jobs, according to information from the Dayton Development Coalition.

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