A Columbus manufacturing facility has plans to expand and add more employees AK Steel plans to invest $1.6 million to add industrial and storage space at it’s facility on County Road 450S. This expansion will add 28,000 square-feet of space.
AK Steel says this investment will allow them to retain 121 jobs and add 21 more by February of 2018. Company officials say the expected horly wage, including benefits, will be just under $26 per hour.
City Council voted unanimously this week to approve a tax abatement for the company. Company officials requested only an abatement for real property. While they say there are plans to purchase personal property such as equipment, the company did not seek a tax abatement for that.