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Valley competing with North Carolina for Kimberly Clark project

Valley competing with North Carolina for Kimberly Clark project

Yahoo28-04-2025

COLUMBUS, Ohio (WKBN) – The Kimberly-Clark project in Trumbull County is getting a tax credit from Ohio that is helping to push the project along and bolster its competition with North Carolina.
Read next: New renderings show major retailer at old mall site
The Ohio Tax Credit Authority approved Monday a 1.837%, 10-year Job Creation Tax Credit for the project. This follows tax credits approved by Howland and Warren townships and Trumbull County commissioners.
Ohio Governor Mike DeWine said in a news release Monday that the project off of Pine Avenue includes a new facility at the old steel mill site and will create 491 full-time jobs, generating $49.1 million in payroll by December 2030.
Warren and Howland townships and Trumbull County commissioners approved a 60%, 10-year tax abatement for the project, and earlier this month, the Ohio Controlling Board approved $17 million to build an access road for the property and complete other Brownfield cleanup work there.
The project is pending further review and a final decision by Kimberly-Clark. According to the Ohio Tax Authority, Ohio is competing with North Carolina for the facility.
'State support will help ensure the proposed project moves forward in Ohio,' the Board said in a Scope of Work exhibit.
Kimberly-Clark USA, LLC ScopeDownload
Kimberly-Clark posted net sales of $4.8 billion in First Quarter 2025, 6.0% lower than the year prior. Negative impacts included 2.4% from foreign currency translation, approximately 2.0% from a combination of the PPE divestiture and the exit of the company's private label diaper business.
First quarter operating profit was $769 million compared to $853 million in the prior year.
Nadine Grimley and Stan Boney contributed to this report.
Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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