The former General Motors plant in Moraine, once an image of “the industrial decline that had long plagued the Midwest,” is now a beacon of “industrial rebirth” as the new $450-million Fuyao Glass America Inc. auto glass factory, the Dayton Business Journal reports. The plant already has 2,000 employees “and is ramping up one of the largest auto glass facilities in the world,” according to the article. The facility “will be able to make enough auto glass for 4 million to 5 million vehicles a year — a quarter of those made in North America.” Governor John Kasich signed a state tax incentive agreement with Fuyao Chairman Cho Tak Wong in May 2014, while JobsOhio signed an agreement for its largest-ever incentive, $6.6 million, in August of that year. Fuyao began manufacturing trial runs in October 2015, with full-scale production starting in October 2016. For more, read the full article.
Fuyao Glass America Inc.’s $450M Moraine factory opens
