County OKs funding for expansion projects, 281 new jobs
Seven projects, which account for 281 new jobs, have been approved for funding by the Montgomery County Board of County Commissioners intended to spur economic development in the area.
The entities will receive a combined $1.79 million in Montgomery County Economic Development/Government Equity, or ED/GE, grants, which were finalized Thursday in a Board of County Commission meeting.
The ED/GE Advisory Committee recommended the seven projects, three of which saw reductions from the amount requested.
• The city of Union received a $500,000 ED/GE grant toward a project that would include the installation of utilities, road improvements and construction of a new road. Union either owns or has under option about 600 acres just west of the Dayton International Airport and about 2,000 acres in total.
• Flow Dry Technology Inc. in Brookville is looking to build a clean room to break into the pharmaceutical market. The 73-employee company manufactures packages that protect against moisture damage and packets used to keep things such as vitamins dry. The $455,000 project also includes new equipment and parking improvements. Flow Dry plans to hire 18 more people in the next three years. The city received a $140,000 grant toward the project.
• The city of Dayton received a $500,000 grant toward an expansion and consolidation project for Tipp City-based Process Equipment Co. Also known as PECo, the customer machine maker is planning to buy a 425,000-square-foot manufacturing facility McCall St. in Westview Industrial Park to relocate its three sites in Tipp City and one in Huber Heights. The company expects to hire 250 workers in the next three to five years.
The 180-employee company makes highly engineered, custom machines — typically used for automation on a factory floor; provides machining and fabricating of components; and manufactures machines that make and inspect gears;
• KE Rose — which specializes in the custom installation, fabrication and service of construction vehicles and public safety equipment — is looking to add 4,800 square feet to its Huber Heights facility. The company has 19 workers and plans to add three more after the $375,000 project. The city received $50,000 grant;
• Garber Electrical Contractors in Englewood has plans to convert some warehouse space to offices and expand its parking area. The 70-employee company expects to add at least five employees during the next two years. The city is asking for a $50,000 grant toward the $850,000 project.
• Vandalia Rental is looking to build a $1.25 million, 14,000-square-foot central maintenance facility in Butler Township. The township is asking for a $50,000 grant toward the project, which is expected to create five new jobs.
• The Dayton Development Coalition will receive a $500,000 grant toward its Entrepreneurial Signature Program.