Wooster Company May Add 120 Workers and Receive Tax Credit

From The Daily Record:
WOOSTER -- A Wooster company could see its work force here more than double over the next three years and add $5.4 million in payroll if its leaders accept a 40 percent, seven-year tax credit offered by the Ohio Tax Credit Authority on Monday.
Wooster Tool & Dye, a Westerman company, is looking to add 120 full-time workers over the next three years, spokeswoman Sonya Higginbotham said.
The company manufactures gas and oil separation tanks and gas production units that are used by companies drilling for gas and oil in the Marcellus and Utica shale plays.
The new hires are a result of the expected continued growth of oil and gas drilling in Ohio, said Higginbotham of Worthington Industries. The company purchased Westerman Inc., the parent company of Wooster Tool & Dye, in September for $70 million.
Read the whole article by clicking here.

Connect with us on Facebook and Twitter!

Popular posts from this blog

Fracktivist in Dimock Releases Carefully Edited Video, Refuses to Release the Rest

The Second Largest Oil and Gas Merger - Cabot and Cimarex

Do You Know The History of Fracking?