Cincinnati Plant Expansion Adds 37 Jobs With Tax Credit

Cincinnati manufacturers can see how a state job-creation credit is being paired with robotic automation at an existing plant.

Updated on Nov. 4, 2026 in Manufacturing

Cincinnati Plant Expansion Adds 37 Jobs With Tax Credit

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KYOCERA SENCO Industrial Tools plans to expand its operations in Cincinnati, Ohio, adding 37 jobs at its existing facility. The Ohio Tax Credit Authority approved a 1.332 percent, seven-year Job Creation Tax Credit for the project, which will be relevant to Cincinnati-area manufacturers watching state incentives.

Why it matters

The expansion pairs new manufacturing equipment with greater robotic automation at a plant that has produced fastening solutions in Cincinnati for 75 years. For Cincinnati manufacturers, the project shows how state job-creation credits are being used to support investment in existing plants rather than only new site location decisions.

The project is projected to add 37 jobs at the Cincinnati facility, supported by a 1.332 percent Job Creation Tax Credit running seven years. SENCO has manufactured in Cincinnati for 75 years, a long operating history behind the expansion.

The players

KYOCERA SENCO Industrial Tools

A power fastening equipment manufacturer and subsidiary of Japan-based KYOCERA Corporation that develops professional fastening tools and systems for residential, commercial and industrial applications.

Ohio Tax Credit Authority

The state body that approves economic development tax credits, including the Job Creation Tax Credit, for businesses expanding or hiring in Ohio.

The details

The company will acquire new manufacturing equipment at its existing Cincinnati facility rather than building a new site. It will also increase its use of robotic automation at that same plant. The state's Job Creation Tax Credit, approved by the Ohio Tax Credit Authority, is structured to reward the hiring that accompanies this investment over a seven-year period.

Timeline

  1. SENCO has manufactured fastening solutions in Cincinnati for 75 years.

  2. The expansion was announced on November 3, 2026.

Market Landscape

The approval runs through Ohio's Job Creation Tax Credit, the state's standard incentive for hiring-linked expansions. The project reflects a pattern in which established manufacturers pair equipment purchases and robotic automation with state credits to keep production in existing Ohio plants.

Cincinnati manufacturers should watch how state job-creation credits are being structured around hiring tied to equipment and automation investments. Operators in competing fastening and industrial-tool categories may want to track whether similar credits shift the local labor and automation cost comparison.

The takeaway

Manufacturers weighing automation against hiring should model how a state credit such as Ohio's Job Creation Tax Credit changes the net cost of added headcount. Before committing to an incentive, confirm its eligibility terms and clawback conditions with qualified counsel or an accountant.

Further reading

For more on how factories in the region are investing in equipment and automation, explore Manufacturing coverage on We are Main Street.

Source note: This article includes information reported by Area Development.

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Should local governments offer tax credits to attract manufacturing jobs to your area?