KTH to add jobs, $471K to payroll

Honda supplier in Champaign County to start $28M expansion.


KTH Parts Industries — a Honda supplier that’s already one of Champaign County’s largest employers — is expanding again with a plan that will invest more than $28 million in the business and add at least 12 new jobs.

The company will add $471,700 in payroll with the 12 new full-time positions, beginning in April 2014.

Champaign County commissioners approved Thursday a 100 percent property tax abatement for the first 15 years of the expansion. The Johnson Twp. company has more than 1,100 employees, more than 800 of whom are full-time, permanent workers.

The project, which is expected to begin this year, will mean a roughly $23 million investment in machinery and $5.7 million for an expansion to its existing building.

In its abatement application, the manufacturer stated it was considering other locations.

“If KTH cannot be more cost competitive in Ohio, we may have to look at our Canada or Alabama operations for the addition of the new stamping press,” the application says.

The investment shows the company’s commitment to the county, said Marcia Bailey, economic development coordinator for Urbana.

“They’re looking into the future to see what else they can do to remain here,” Bailey said.

Officials from the company did not return calls seeking comment Thursday.

The project will include a building expansion of as much as 28,000 square feet for a new stamping press. It will also include a building addition of 12,000 to 16,000 square feet for inventory staging and an additional 10,000 to 15,000 square feet for additional inventory storage.

The project also will include a 5,000 to 8,000 square foot locker room expansion and a 40,000 to 50,000 square foot trailer yard expansion.

According to information from the company’s application to the county, the project will increase KTH’s stamping capacity and decrease its reliance on outside suppliers for stamped metal parts. It produces auto body frame assemblies for Honda.

“Through vertical integration we are able to be more cost competitive for new business with Honda,” the abatement application states.

Honda has been increasing its investment in the state as well. Earlier this year, the company announced plans to invest $70 million in the state and transfer 100 of its current employees from other facilities to build a new high-end sports car in Marysville. Overall, about 1,500 people in Clark and Champaign counties work for Honda, which employs about 1,200 others throughout the Miami Valley.

KTH’s expansion is expected to begin this summer and be completed by August 2015.

The company has steadily grown since it officially began production in 1985 with about 150 workers.

It has been a good corporate citizen in the county since it was founded, said Bob Corbett, Champaign County commissioner.

“KTH has always lived up to their agreements and more,” Corbett said.

School board members at the Graham Local School District and the Ohio High-Point Career Center have also signed off on the abatement.

The company’s payroll overall is about $47 million, Bailey said, not including temporary workers.

“They’re pretty close to being one of the county’s largest employers,” she said.

Over the years, the company has also made donations to organizations such as the local fire department and other entities, and has been a benefit to the county, said Jack Purk, a Johnson Twp. trustee.

“It’s a real plus to have them here,” he said.



Reader Comments ...


Next Up in Community News

Book sold after 28 years at independent bookstore
Book sold after 28 years at independent bookstore

After spending nearly 30 years on the shelf of an independent bookstore, a book has a home. According to a tweet from Broadhurst Bookshop in Southport, England, the book was sold on Saturday after having been in the store since 1991. >> Read more trending news  >> Need something to lift your spirits? Read more uplifting...
Florida officers escorting Santa bust theft ring
Florida officers escorting Santa bust theft ring

Two Daytona Beach police officers escorting Mr. and Mrs. Claus to a tree lighting ceremony broke up a major theft ring in the parking lot Saturday night, the Police Department said.  >> Read more trending news  Officers Joe Evans and Courtney Wooleyhan were returning to duty, after escorting Santa and Mrs. Claus to the Tanger Outlets...
Tennessee man arrested, charged with raping 16-month-old, officials say
Tennessee man arrested, charged with raping 16-month-old, officials say

A man investigators said raped a 16-month-old child has been taken into custody, officials said Sunday. According to the Tennessee Bureau of Investigations, Simon Porter, 33, has been located and captured in Scottsboro, Alabama. Porter was arrested and charged with aggravated rape.
Stacey Abrams tells Hollywood not to boycott Georgia after Bryan Kemp wins governor's race
Stacey Abrams tells Hollywood not to boycott Georgia after Bryan Kemp wins governor's race

With several celebrities posting on social media that they plan to boycott Georgia after Brian Kemp won the gubernatorial race, his former rival Stacey Abrams implored them not to do so. >> Read more trending news  In a tweet Saturday evening, she wrote, “I appreciate the calls to action, but I ask all of our entertainment industry...
South Vienna students collect food to stock local pantry
South Vienna students collect food to stock local pantry

South Vienna Elementary School has been collecting canned goods and non-perishable items again this year for those in need in Clark and Champaign Counties. BREAKINGWright State settles 3-year federal visa investigation for $1M This is the second year the school has held a food drive for the food pantry at their local church, Nation Chapel United Methodist...
More Stories