Tax credits and abatements land final tenant for Commerce Park

A manufacturer of heat-shrink and cold-shrink tubing for industrial use is moving to a new location, leasing the fifth space in Fairfield Commerce Park.

DSG Canusa, a division of Mattr US Inc., is leasing the fifth building and plans to begin manufacturing and distribution operations by the end of the year. The building is a 204,000-square-foot space.

“Strategically relocating our DSG-Canusa production footprint to Ohio positions us closer to our North American supplier and customer base, simplifying and enhancing our operations,’’ said Frank Cistrone, president of Mattr’s Connection Technologies segment.

The Fairfield site is one of two new operating facilities announced last month, replacing a manufacturing site in Canada. It will also house the business’ North American Distribution hub, which is relocating from Loveland. The new operating facility creates 48 jobs and brings 26 from Loveland, with a combined annual payroll of $4.4 million.

Fairfield officials worked with JobsOhio and the State of Ohio on the project. The Ohio Tax Credit Authority approved a 1.28%, six-year Job Creation Tax Credit.

Fairfield approved a 10-year, 50% effective abatement on the value of the new building – but not the land – through the Community Reinvestment Area program, said Nathaniel Kaelin, the city’s economic development manager.With the addition of DSG-Canusa, all five buildings in the 1.6-million-square-foot complex are now fully leased, Kaelin said. Among the tenants are Hilcom Vision, Hit Promotional, SAF-Holland, and BakeMark USA.