Rough Brothers, a greenhouse design and manufacturing firm, has been in the Cincinnati area since 1932, but is now relocating its worldwide headquarters to Cincinnati's Bond Hill.
Rough Brothers has agreed to purchase 20.5 acres of vacant land at the southwest corner of Paddock Road and Regina Graeter Way from the city for $1.3 million. With the construction of the new headquarters, Rough Brothers is expected to create 120 jobs inside the city within three years, creating $1.2 million in new net tax revenue.
The company has committed to remaining in Cincinnati for 10 years. The company's new headquarters will include a 150,000-square-foot office and manufacturing facility that will be built to LEED standards. Construction of the new facility is estimated to cost $4 million, while the project as a whole will cost $13.3 million.
"The Rough Brothers relocation is a perfect example of Cincinnati’s GO Cincinnati initiative being put to work," says City of Cincinnati Economic Development Director Odis Jones. "The site the company chose is located in an area that we have been working to grow."
Another company is bringing more jobs and development to another targeted area of Cincinnati that Jones and his team are working to develop. Meyer Tool, Inc. is a high-tech manufacturing company that has been in the area since 1951 and is now building a 30,000-square-foot manufacturing facility in Camp Washington. Meyer Tool will also expand its Colerain facility, adding 50 news jobs.
"This project represents new investment in the Camp Washington community. The property tax incentive will help the company create new jobs," Jones says.
By Evan Wallis