Sperry & Rice, an advanced engineering and manufacturing company with locations in Brookville, Ind. and Killbuck, Ohio, Monday announced plans to expand business operations in Holmes County. 

The planned growth is a part of a strategic business initiative by the company to better utilize its Killbuck location to increase production for its customers.
 
Sperry & Rice has been in the rubber, sponge and plastic business since the 1940s, providing innovative engineering solutions, advanced manufacturing processes and comprehensive quality controls to produce precision rubber and cellular components. The company specializes in high-quality components that meet exacting specifications for customers across diverse industries including appliances, automotive, HVAC and trucks and buses.

According to Randy Dobbs, CEO of Sperry & Rice, “We plan to make a significant investment to implement this strategic expansion. The investment includes the purchase of new manufacturing equipment, upgrades to existing equipment and costs associated with finding and retaining good employees.”
 
JobsOhio and its regional partner OhioSE provided a $200,000 grant to use in the purchase of new equipment and the upgrade of existing equipment to support the expected growth. 
 
“The offer of assistance from JobsOhio played an important role in the final decision to grow the operation in Killbuck,” Dobbs said.

Sperry & Rice plans to create 30 new jobs at the Killbuck facility over the next three years. 
 
“We are thrilled that Sperry & Rice has chosen to invest in expanding operations in Killbuck,” said Mark Leininger, Director, Holmes County Economic Development Council. “In recent years, the community suffered a significant loss of jobs with the departure of a large employer, so we are pleased that Sperry & Rice will be adding a number of attractive employment positions.”
 
”We are extremely pleased to support the investment and job creation by Sperry & Rice,” said OhioSE President Mike Jacoby. “Sperry & Rice has a long history of ingenuity and quality products. Holmes County has a reputation for an excellent workforce. It’s a powerful combination.”

JobsOhio is a private nonprofit economic development corporation designed to drive job creation and new capital investment in Ohio through business attraction, retention and expansion. The organization also works to seed talent production in its targeted industries and to attract talent to Ohio though Find Your Ohio. JobsOhio works with six regional partners across Ohio: Dayton Development Coalition, Ohio Southeast Economic Development, One Columbus, REDI Cincinnati, Regional Growth Partnership and Team NEO. Learn more at www.jobsohio.com. Follow JobsOhio on LinkedIn, Twitter and Facebook.

Ohio Southeast Economic Development (OhioSE) is the JobsOhio Network Partner for southern, eastern and southeastern Ohio, providing economic development work and resources in 25 rural counties.  OhioSE is  the newest and geographically the largest of the six economic development regions across the state. OhioSE partners closely with regional development districts, local economic development offices, state agencies and other entities to expand, retain and attract businesses in the counties they serve. Learn more at OhioSE.com.