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Akron, Ohio

Akron Paint and Varnish, Inc., to Expand and Add Jobs

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City of Akron Press Release
Published: 06-23-2015

             Legislation will be presented tonight to Akron City Council that, if passed,  will bring Akron Paint and Varnish, Inc. (APV) one step closer to an expansion of its facilities and addition of full-time manufacturing jobs.  Akron Paint and Varnish currently employs approximately 100 people, and after the expansion, intends to hire another 10 full-time employees in the first year, and a total of 30 to 40 new full-time employees in the first three years. 

            To facilitate the expansion and creation of jobs, the City of Akron proposes to sell to APV approximately 4.5 acres of land and its structure for the purchase price of $25,000/acre.  APV agrees to construct an approximately 32,000 square foot warehouse, renovate an existing 30,000 square foot structure, for warehouse and testing facilities, and add full-time manufacturing jobs.

            The two parcels being sold to APV are part of the Firestone North Urban Renewal Area Renewal Plan. The City acquired one of the parcels from Bridgestone, when Bridgestone built their new technical center.  The other parcel was part of the former Burger Iron property, which the City had acquired through Sheriff’s Sale.

            “It has always been the City’s intention to redevelop the corridor along Firestone Parkway,” noted Mayor Jeff Fusco.  “Akron Paint and Varnish, a company that has been in Akron since 1878, now wants to expand on these parcels. This is exactly the type of use we had in mind and we are excited that APV will stay in Akron, continue to expand, and hire our residents.”

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For further information, contact:
stephanie york
communications director
Phone: 330-375-2345
E-mail: [email protected]

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