COLUMBUS– State Senator Bill Beagle (R–Tipp City) today joined with Ohio Governor John Kasich in announcing 800 new Ohio jobs being created in the Miami Valley. The company, Fuyao North America Glass Company, will invest more than $200 million into the project.
 
Beagle joined Kasich in making the announcement with company executives from the Governor’s Cabinet Room in the Ohio Statehouse this morning.
 
“For years, the empty shell that once was the General Motors plant has stood as a stark reminder of the pain our region suffered in the recession,” said Beagle. “Today, that plant stands for something new. The once lifeless, jobless plant is now a symbol of Ohio’s growing and vibrant economy. And once this plant is filled with hundreds of new, hard working employees, it will stand as a reminder of the resiliency of our state’s economy and the spirit of a people who won’t be held back by the winds of economic change.”
 
According to the Kasich Administration, Fuyao's new facility will be the largest Chinese investment ever made in Ohio.  According to the foreign investment tracking organization FDI Markets, it will also be the largest Chinese investment ever made east of the Mississippi River and the largest Chinese automotive industry investment ever made in the U.S. since records have been kept (2004, FDI Markets).
 
The administration also reports that Fuyao is the largest automotive glass supplier in China with 65 percent of the market and 18 percent of the global automotive glass market. The company currently has a presence in the U.S., Germany, Russia, Japan, South Korea, Australia, Brazil, and many other countries in the world.
 
The agreement bringing the company to Ohio was signed in the Statehouse today with company executives. Fuyao is expected to purchase more than 1 million square feet of space in the Moraine plant.
 
Among the expected 800 employees the company plans to hire will be those skilled in production, engineering, maintenance, and management.

 
 
 
  
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