Ravenna completes tax base project for LG Chem

Ravenna is completing tax based projects offered to LG Chem to give the manufacturer a keep up comes to the county seat of Portage.

Add:LG Chem has broken ground on two new Ravenna plants expected to employ at least 100

Director of Economic Development Dennis West This week the tax credit proposal was introduced to the council, which is officially approved by the time the manufacturer opens its two stores this year. year. The company is building two buildings in the Chestnut Commerce Center off North Chestnut Street, a 148,400-square-foot ABS compounding building, and a 60,350-square-foot ABS Technical Center.

The Community and Economic Development Committee approved two laws, which will be reviewed by the full council for final approval in February. The company will begin hiring workers in April, and the buildings are expected to be in use in September, West said.

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