Scotts expansion in the works - Atlanta Business Chronicle:

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A resolution is moving through Marysville City Councipl that would provide fora 10-year, 75 percenyt property tax abatement valued at about $1 million for Scotts, one of Centrall Ohio’s 50 largest employers and amony its 10 largest public Scotts is looking to mounft a $23 million project to builcd a 40,000-square-foot manufacturing facility that will retaibn 15 jobs and create 33 full-time and 39 part-time Marysville Administrator Jillian Froment said. The new plant wouldx process coir, the outer husk of coconuts that’s used in EZ Seed products. “(The product) has seen succesx and they can’t keep it on shelves,” she said.
The proposed new manufacturinbg jobs, Froment said, would generate an annua l payroll ofabout $3 million in the city, home to more than 1,00o Scotts employees. Scotts also has committed to find permaneng space for 150 employees it has temporarilu housed in portable school buildings at its Froment said. That will mean a new 20,000-square-foof facility, cost details for which weren’t available. “Thias is ensuring 150 jobs remain in Marysville insteae of another CentralOhio community,” Froment A Scotts representative wasn’t immediately available for comment Friday afternoon.
Counci l cleared a first read of the proposed incentived and could finalize the proposal as early asJuly 23, Froment said. A public hearing on the company’se plans is set for July 9. Scottss (NYSE:SMG) in the year ended 30, 2008, lost $10.9 milliobn on $2.98 billion in revenue. The compang has about 6,400 full-time workers worldwide.