The Ohio Department of Development recently announced a significant financial incentive that it awarded to Zyvex Performance Materials, Inc., a "leading nano-technology company providing tools and instrumentation to the semi-conductor and research and education markets." The incentive, a 60%, 5-year tax cut on real property improvements, allows Zyvex to relocate its headquarters to Columbus along the new State Route 315 Technology Corridor. The move is expected to generate approximately 100 jobs in Central Ohio.
In addition to its semi-conductor work, Zyvex "was the first to provide carbon nanotube (CNT) powered products to the marketplace," and "Zyvex’s performance materials serve customers in the aerospace, defense, automotive, and energy markets while its patent technology has been incorporated with customers who are sporting goods manufacturers."
The new facility will be used for administration, research, development, and limited manufacturing.
