Vinyl Kraft Acquisition, Inc., in collaboration with JobsOhio, Ohio Southeast Economic Development (OhioSE) and the Scioto County Economic Development Department, today announced it is investing $2.25 million in its New Boston (Scioto County) facility.
Vinyl Kraft, Inc. is a family-owned and operated company established in 1991. The company manufactures vinyl replacement doors and windows. It ranks as the largest manufacturing employer in Scioto County.
Due to extraordinary demand for its products, the company will be adding new equipment to double the facility’s throughput and add automation. The investment is expected to result in the creation of 73 new jobs during the next three years. The company has committed to hiring 100 percent restored citizens in its open production roles.
“We are very excited about the trajectory of our future,” said Ryan Rolfe, executive vice president of Vinyl Kraft Window and Door. “Being a labor intensive-manufacturer, our employees are truly what set us apart.
“Creating an environment to offer employment opportunities to restored citizens is transforming our business. As we continue to grow, we anticipate a lasting impact within our region.”
JobsOhio and Ohio Southeast Economic Development worked collaboratively with Vinyl Kraft, Inc. on the expansion of operations in Scioto County, providing a $50,000 JobsOhio Workforce Grant. The JobsOhio Workforce Grant provides funding for the improvement of worker skills and abilities. Grant decisions are based on several factors including but not limited to job creation, additional payroll, fixed-asset investment commitment, project return on investment and project location.
“Vinyl Kraft has been an integral member of the Scioto County’s economy for more than 30 years and we are excited about this expansion,” said Robert Horton, executive director of the Scioto County Economic Development Department. “Vinyl Kraft’s commitment to expanding in the county and the additional employment opportunities that will be available as a result of this expansion are excellent news for our entire region.”
Today, Vinyl Kraft, Inc. was awarded a Job Creation Tax Credit by the Ohio Tax Credit Authority. This credit will grant the company benefits based on the new payroll it creates in Scioto County.
“Vinyl Kraft is an example of a growing company that is investing in its workforce,” said OhioSE President Mike Jacoby. “We applaud Vinyl Kraft for giving employees with histories with substance abuse disorder and other challenges second chances. We believe this is not only a compassionate business practice, but makes good business sense as well.
“The assistance provided by JobsOhio and the state of Ohio will provide the assistance needed to make this project happen. OhioSE again is proud to have partnered with JO and the state to bring news jobs and investment to our region.”
“Vinyl Kraft’s expansion is not only commendable for the jobs the family-owned company will create in Southeast Ohio, but also for the company’s commitment to hiring restored citizens, providing them a second chance for better opportunities and a higher quality of life here,” said Ohio Governor Mike DeWine.
“Vinyl Kraft’s need for increased production, plans for expansion, and addition of 73 jobs are examples of how small and mid-sized businesses are thriving in Ohio,” said J.P. Nauseef, JobsOhio president and CEO. “The manufacturer’s commitment to upskilling employees and providing new employment opportunities for rehabilitated citizens are a testament to the value that Vinyl Kraft sees in associates.”
Ohio Southeast Economic Development (OhioSE) is the JobsOhio Network Partner for southern, eastern, and southeastern Ohio, providing economic development work and resources in 25 rural counties; they are the newest and geographically the largest of the six regions across the state. OhioSE partners closely with regional development districts, local economic development offices, state agencies, and other entities to expand, retain, and attract businesses in the counties they serve.