Atlantic Tool & Die expected to add 40 positions

The Atlantic Tool & Die Co., a manufacturer of precision metal stampings and assemblies based in Strongsville, Ohio, has received a 1.065 percent, seven-year Job Creation Tax Credit from the Ohio Tax Credit Authority for a consolidation project at its locations in Strongsville; Sharon Center, Ohio; and Seville, Ohio.

The project is expected to create 40 full-time positions, generating $1.6 million in new annual payroll and retaining $10.4 million in existing payroll.