Mary Alice Reporting –
The Monday announcement was made through the Ohio Governor’s Office and the City of Dover.
Schaeffler Automotive Group will build a new manufacturing facility in Dover, bringing 650 jobs and $54 million in associated payroll to Wayne and Tuscarawas counties.
Mayor Shane Gunnoe relayed the news to council during a special Monday evening session.
“In phase one, we expect approximately 130,000 square foot in advance manufacturing facility. This phase is estimated to cost approximately $30 million for new construction and significantly more than that for new machinery and equipment.”
Schaeffler currently operates a manufacturing facility in nearby Wooster and an automotive aftermarket operation in Strongsville. The company’s new facility in Dover will manufacture electric beam axles and electric drivetrain systems to support the hybrid/EV industry.
To support Schaeffler’s commitment, the Ohio Tax Credit Authority approved a 2.228%, 15-year Job Creation Tax Credit for the project. Mayor Gunnoe noted local incentives are imperative and a tax increment financing (TIF) was agreed to with the Tuscarawas County Economic Development Corporation.
“The City of Dover and our local schools will split, 50/50, the approximately $14 million in new local income tax revenue estimated to be generated on that site. With that, Mr. President, I would request a committee assignment for an ordinance.”
The matter will go before the Committee of the Whole and a meeting was scheduled for Monday, March 4th at 6:45pm.
The company expects to break ground in mid-2024 and open in quarter three of 2025.
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