For immediate release
October 3, 2011
Contact: Dan Williamson, Mayor’s Office, 645-5300
Cynthia Rickman, Development Department, 645-8795
John Ivanic, City Council, 645-6798
North Carolina Company Plans Expansion in Columbus
Two Proposed Deals Would Yield 69 New Jobs
Mayor Michael B. Coleman will ask City Council to approve legislation Monday that will provide incentives to SCR-Tech, LLC to expand its operations from North Carolina to Columbus. The company will invest $9 million and create 50 new full-time jobs to its site on Fisher Road. SCR-Tech is a green company that has a technology to reduce Nitrogen Oxides associated with the combustion of coal. The administration is proposing to grant a Jobs Growth Incentive of 25 percent for five years.
“In these difficult economic times we are fighting not only to grow our existing businesses, but also to attract new companies to Columbus,” Mayor Coleman said. “I thank everyone at SCR-Tech for expanding in Columbus, and I look forward to working with them on their continued success.”
The Columbus location will be the third facility opened by SCR-Tech, the leading provider of SCR management and catalyst regeneration technologies for selective catalytic reduction systems used by coal and gas fired power plants to reduce nitrogen oxides emissions. Based in Charlotte, North Carolina, SCR-Tech is the only company in North America offering a commercial process capable of fully restoring catalyst activity and NOx reduction performance. The company provides catalyst management and consulting services including computer simulation, inspection, testing and analysis to help utilities, independent power producers, and other SCR operators optimize their NOx reduction performance and achieve regulatory compliance.
The Mayor is also asking Council to approve a Downtown Office Incentive of 50 percent for three years to Jeffery P. Norman, Standing Chapter 13 Trustee for the Southern District, Eastern Division of Ohio that will bring 19 new full-time permanent positions to Downtown. The Trustee will enter into a five-year lease agreement on a vacant office space located at 10 W. Broad Street.
“The heart of Columbus is an attractive place for any business to call home,” said Councilmember Zach M. Klein, chair of the Development Committee. “Our Downtown is a vibrant, energetic neighborhood that offers economic development and entertainment opportunities businesses and residents alike.”
SCR-Tech plans to begin work on the project in October 2011 with completion set for May 2012. The Trustee expects to begin work the project in October 2011 with completion for January 2012.
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