Senator Bill Beagle...
to add Jobs with Increased Funding
240 Jobs at New Tipp City Facility
March 27, 2012
State Senator Bill Beagle (R-Tipp City) today announced Development
Advisory Council (DFAC) approved a $1.5 million loan for Abbott
through the Ohio Department of Development.
Abbott will use the funding for the
purchase of machinery and equipment
at their new Tipp City facility. With
this, the company has committed to create more than 240 new, full-time
with an average wage of $24.21/hour.
Labs’ decision to build a new facility in Tipp City is welcome news for
Miami Valley,” Beagle said. “It is exciting to see both our economy and
community on the rise as Ohio continues to compete aggressively for new
businesses and new jobs for its workers.”
investment for the Tipp City project is $145 million, with Abbott Labs
contributing $139.2 million in private funds.
Laboratories is a global broad-based healthcare company devoted to the
discovery, development, manufacturing and marketing of pharmaceuticals
medical products. The Tipp City facility will provide aseptic bottle
and packaging capabilities for the company’s aseptic liquid products,
Ensure, PediaSure and Glucerna.
Senator Bill Beagle serves the people of
Ohio’s 5th State Senate District, which includes Miami County, parts of
County, and parts of Montgomery County including the City of Dayton