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ABSMaterials Helps Wooster Handle Economic Challenges

Wednesday, January 04, 2012

Wooster, Ohio's economy saw gains in 2011, thanks to downtown development projects and expansions of local businesses....

 

Local officials were in Columbus often last year, working to obtain loans or incentives to help businesses such as ABSMaterials expand locally instead of somewhere else....

 

In September, ABSMaterials announced an Ohio redevelopment loan of $1.2 million that enabled the maker of water-purifying nanocomposites to consolidate its 31 Wooster employees under one roof and $75,000 in job-creation tax credits to triple its local workforce....

 

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