New Markets Tax Credit Coalition

Ohio Heat Holdings LLC

A specialized equipment manufacturer grew its footprint and added jobs in Fairfield, OH

Investment

  • NMTC Amount: $3,999,103
  • Total Project Cost: $6,000,000

IMPACT

  • 73 FTE jobs
  • 28 jobs created and 44.5 jobs retained

Project Description

Ohio Heat is a manufacturer of high-quality heat transfer products, including radiators, air/oil coolers, and customized cooling packages for industrial and heavy vehicle applications.Serving both OEM and aftermarket customers across transportation, agriculture, and construction industries, the company required capital to purchase equipment and relocate to a larger facility.This investment enabled Ohio Heat to expand its operations, move into a more modern space, and install a vacuum brazing furnace, allowing the company to bring a critical part of its manufacturing process in-house.

Ohio Heat Holdings OHH designs and manufactures heat exchangers, radiators, and air/oil coolers for industrial and heavy vehicle applications.This project provided OHH with funds needed to refinance restrictive debt and make improvements to a newly acquired facility.The patient, flexible capital provided by the

MAP

Address: 8551 Seward Road, Fairfield, OH 45011

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