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Ohio Approves Tax Incentives for Manufacturer That Would Create 1,200 Jobs

The company produces separator film used in lithium-ion batteries

Fresh off of winning Intel's $20 billion project to make semiconductors in Licking County, the state is on the verge of landing another big project: a $900 million investment by a Chinese manufacturer of materials used in batteries that power electric vehicles and other products.

The Ohio Tax Credit Authority on Monday approved tax incentives for Semcorp Manufacturing USA for a project that would create about 1,200 jobs in Sidney in western Ohio. The jobs have a payroll of $73 million.

The company is a large producer of separator film used in lithium-ion batteries. The company's focus is on electric vehicles along with consumer electronics and energy storage systems.

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