Rittal LLC is expected to create 182 new jobs in Urbana as part of a statewide economic development announcement by Ohio Governor Mike DeWine.
DeWine, Lt. Governor Jim Tressel, and Ohio Department of Development Director Lydia Mihalik announced approval of 10 projects expected to create 1,359 new jobs, retain 1,824 existing jobs, and generate more than $2.2 billion in investments across Ohio.
According to the announcement, Rittal expects to generate approximately $12 million in new annual payroll by December 31, 2029, through its Urbana project in Champaign County.
Rittal North America manufactures commercial information technology infrastructure components for data centers and other clients in the IT sector.
The Ohio Tax Credit Authority approved a 1.601% Job Creation Tax Credit over nine years for the project. The credit is intended to support the company’s planned job creation.
Across all 10 approved projects, state officials expect more than $142.3 million in new annual payroll. The projects were reviewed by the Ohio Tax Credit Authority following proposals submitted by JobsOhio and its regional partners.
