DADE CITY — It's official: SB Mfg., an automotive parts manufacturer, has chosen Pasco County as the site of its new aluminum castings plant, the Pasco Economic Development Council says in a statement.
The company plans to hire 75 people at average annual wages of $40,000 by 2015.
The manufacturer had been considering sites in Kentucky and Ohio, according to the council. Using high quality aluminum from local sources, SB Mfg. will offer an alternative to the production of castings in China for automotive parts.
The facility is expected to be operating by February. “We are in the process of installing equipment and have set a tentative schedule to begin hiring manufacturing employees in December,” says Bill Kelley, general manager for SB Mfg. Prospective employees are being recruited through Career Central.
“This shows when we work together on a local, regional, and state level, we can bring these types of opportunities home to the United States and to Pasco County,” says Pasco County Commissioner Ted Schrader in the release.
SB Mfg. has been approved for a state tax refund program, and is the first business locating in Pasco County to receive a Brownfield Job Creation Bonus, officials note in their statement. The state incentives are performance-based, with refunds awarded only after job requirements have been met.
The projected $40,000 average annual wages represent 126% of the average annual wage for workers in Pasco County, according to the economic development council.