A New Jersey company will be taking over the former Medina Plating operation in Medina, Ohio.
Miller Plating of Ocean Township in New Jersey pledges to hire 35 people for jobs by July 1, 2023, as part of an agreement with Medina, Ohio city officials in a job creation grant. They will add eight full-time jobs in the first year, 12 in year two and 15 more in year three.
According to the Medina Gazette, Miller Plating is purchasing property that was the former Medina Plating plant. The project will involve an investment of $617,000, which includes the purchase of the building and land for $140,000. The paper says new employees will result in approximately $1.14 million in annual payroll taxes in the city once the maximum employment level is achieved. The agreement provides Miller Plating with a grant of up to 40 percent of new payroll taxes to the city for up to four years.
Medina Plating, which has been in business for more than 50 years, closed in September 2019. Owner Diogenes Fernandez lived in Boston, Massachusetts; he had purchased the company from Shawn Ritchie several years ago.
Miller Plating is known as I.V. Miller and Sons and Miller Metallizing and Coating in New Jersey, and has over 70 years of experience metallizing caps and closures and jars for the cannabis, distilled spirits, liquor, wine, aerosol, cosmetics and personal care and specialty closures markets. It was founded in 1949 as Burnham Company, and became I.V. Miller in 1954. It changed its name to Miller Metallizing and Coating in 2018.