For Immediate Release
July 15, 2011
For more information contact:
Christine Bailey, Communications Manager
Toledo Regional Chamber of Commerce
419-243-8191-ext. 234 (office)
Maumee Plant Positioned to Create New Area Jobs with Support from Huntington Bank and Toledo Regional Chamber’s Small Business Development Center
(Toledo, OH) The Maumee Assembly and Stamping Plant is poised to create new area jobs after finalizing a funding deal today with Huntington Bank. The financing deal revitalizes the former Ford Stamping Plant in Maumee and positions it to take on additional automotive supplier work – and additional employees – in the near future.
With the assistance of the Toledo Regional Chamber of Commerce’s Small Business Development Center Program, working in partnership with the Regional Growth Partnership, the manufacturer and bank have now entered into an agreement that will allow the plant to create up to 200 new jobs in our area.
“It is exciting to see this local bank step to the forefront and work with this local business on something that will ultimately create much-needed jobs for our area,” states Bill Wersell, Director of the Small Business Development Center at the Chamber.
"Huntington is committed to Northwest Ohio," said Sharon Speyer, Regional President of Huntington. "One of the ways we demonstrate this commitment is by helping to create jobs in our community."
The plant, located at 920 Illinois Avenue, operated as a Ford Stamping facility until it was idled by Ford in late 2007. Today, the 800,000 square foot, privately-owned facility produces stamped, blanked and spin form components.
For additional information, contact:
Toledo Regional Chamber of Commerce
Bill Wersell
Director, Small Business Development Center
(419) 461-5119
bill.wersell@toledochamber.com
Huntington Bank
Shannon K. Loar-Tenney
Regional Marketing & Communications
(419) 249-3350 Office
(419) 575-4169 Cell
shannon.loartenney@huntington.com
Maureen M. Brown
Public Relations Manager
(614) 480-5512 office
(412) 445-7598 cell
About the Toledo Regional Chamber of Commerce
The Toledo Regional Chamber of Commerce, serving a membership of over 2600 businesses, is the collective voice for the Northwest Ohio business community.
About Huntington
Huntington Bancshares Incorporated is a $53 billion regional bank holding company headquartered in Columbus, Ohio. Huntington National Bank, founded in 1866, provides full-service commercial, small business, and consumer banking services; mortgage banking services; treasury management and foreign exchange services; equipment leasing; wealth and investment management services; trust services; brokerage services; customized insurance brokerage and service programs; and other financial product and
services. The principal markets for these services are Huntington’s six-state banking franchise: Ohio, Michigan, Pennsylvania, Indiana, West Virginia, and Kentucky. The primary distribution channels include a banking network of over 600 traditional branches and convenience branches located in grocery stores and retirement centers, and through an array of alternative distribution channels including internet and mobile banking, telephone banking, and over 1,300 ATMs. Through automotive dealership relationships
within its six-state banking franchise area and selected New England states, Huntington also provides commercial banking services to the automotive dealers and retail automobile financing for dealer customers
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