HICKSVILLE - AP Tool Inc., a Hicksville manufacturing firm, will hire five new employees in connection with an expansion project. The project involves a line of machinery that will be leased to AP Tool by Apex Tool Group. The project is partially financed through a partnership with the Hicksville Development Corp. and the Defiance County Economic Development office (DCED).
"AP Tool is an important component of the Hicksville economy," said Larry Haver, mayor of Hicksville and member of the Hicksville Development Corp. "We are pleased to finance a portion of this important project and to partner with Defiance County Economic Development to support local business."
The financing package will support the installation of new electrical infrastructure at AP Tool's 605 Industrial Drive facility. The Hicksville Development Corp. is not disclosing terms of the financing plan.
"Hicksville has been hurt in recent years by factories that have relocated or closed," said Jared Orzolek, assistant director of economic development for Defiance County. "Five jobs will not make up for all Hicksville has lost, but it's a step in the direction we want to go. I hope the momentum created by local companies like AP Tool, Parker Hannifin and others will help move Hicksville and Defiance County toward more jobs in the very near future."
AP Tool will begin installation of the equipment and electrical infrastructure in coming weeks. The expansion project involves machinery that was formerly utilized at the Apex Tool factory on Defiance Avenue in Hicksville. The employees to be hired by AP Tool are former Apex workers who faced loss of employment prior to the lease agreement.
"We are thankful for the community support received from the Hicksville Development Corp.," said Pat Weidenhamer, president of AP Tool Inc. "The village and local economic development officials have been extremely supportive of our project. It's partnerships like these that make Hicksville a great place to open and run a business."