Marysville, Ohio -- The Scotts Miracle-Gro Company (NYSE:SMG), marketer of branded consumer lawn and garden products, has announced with Ohio Gov. Ted Strickland that it is growing its 1,500-associate Marysville campus. The Company is expanding its existing manufacturing plant and recently broke ground on a new office building to accommodate future growth.
The Company also announced it has purchased a new 550,000 square-foot manufacturing and distribution facility in Orrville, Ohio.
ScottsMiracle-Gro employs more than 8,000 associates worldwide, about 1,500 of them in Marysville. The 730-acre Marysville campus is the location of the Company's corporate headquarters, North American consumer business, Scotts LawnService, Research & Development center and a 1 million square-foot manufacturing facility.
The combined projects announced today will eventually create about 100 additional jobs.
After obtaining incentives from the State of Ohio and the City of Marysville, the Company is adding capacity to its manufacturing facility in order to process a key ingredient in Scotts EZ Seed , one of its most successful new products ever. In a limited first year release in 2009, EZ Seed led to a more than 70 percent increase in consumer purchases of lawn patching products. The expansion of the Marysville facility will allow EZ Seed to be distributed nationally in 2010 and in Europe in 2011.
"The launch of EZ Seed was such a success this year that at times we had to scale back our advertising, because we couldn't make the product fast enough to keep up with consumer demand," said Jim Hagedorn, chairman and chief executive officer. "We are confident that the expanded manufacturing capacity will allow EZ Seed to continue to be an important product offering for ScottsMiracle-Gro for years to come."
The new office building on the Marysville campus will open in 2010. The building will alleviate over-crowding in the existing headquarter facility and is designed to promote the type of creativity and collaboration needed in key areas such as marketing and product development. The new building also will house expanded product and merchandising displays to be used in conjunction with key retail partners.
State of Ohio assistance for the projects in Marysville and Orrville included two Job Creation Tax Credits, two Workforce Guarantee grants, and a Roadwork Development grant to the City of Marysville, with a total value of nearly $500,000.
With approximately $3 billion in worldwide sales and more than 8,000 associates, The Scotts Miracle-Gro Company, through its wholly-owned subsidiary, The Scotts Company LLC, is the world's largest marketer of branded consumer products for lawn and garden care, with products for professional horticulture as well. The Company's brands are the most recognized in the industry. In the U.S., the Company's Scotts , Miracle-Gro , Ortho brands are market-leading in their categories, as is the consumer Roundup brand, which is marketed in North America and most of Europe exclusively by Scotts and owned by Monsanto. In Europe, the Company's brands include Weedol , Pathclear , Evergreen , Levington , Miracle-Gro , KB , Fertiligene and Substral . For additional information, visit us at www.scotts.com
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