SFS Group, a supplier of precision components, mechanical fastening systems, tools, and logistics solutions, announced plans to expand its operation in Medina County, Ohio. The Ohio Department of Development (ODOD) approved the project for tax credit assistance during a recent Ohio Tax Credit Authority meeting.
The company has a strong competitive position in the development and production of solutions for electric brake systems for passenger vehicles and will make an investment in a new, innovative production line. The project will enhance and add to the capacity of the plant, allowing the company to supply customers globally.
SFS plans to create 45 new positions while retaining 145 full-time jobs currently on-site.
“Based on SFS Group’s commitment to a local for local manufacturing strategy we continue to invest heavily in our North American operations in an effort to bring value to our North American customer base.” said Simon Schmid, GM for the Automotive division of SFS in the USA. “It brings an immense level of satisfaction to see the complex components we offer to the automotive sector being built by the skilled labor force that we are developing in this region.”
SFS is also strongly committed to the dual education system aiming apprentices and students to gain practical experience and launch their professional career.
“SFS has grown significantly since they chose Medina County to build a manufacturing facility here over two decades ago.” said Bethany Dentler, CEcD, executive director, Medina County Economic Development Corporation. “It is gratifying that this global leader continues to invest and create jobs in our community.”