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Grants sought for claimed 700+ new county jobs

Grants sought for claimed 700+ new county jobs

12:56 01 April in News

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Dayton —

Seven businesses or local governments are seeking more than $2 million in public dollars for expansions that would create a claimed 705 new jobs, according to applications submitted to Montgomery County Monday.

County ED/GE (Economic Development/Government Equity) grants, pooled from sales tax revenue, are awarded twice a year through a competitive process.

In the largest grant request, the city of Union wants $750,000 for a Union Global Logistics Airpark, a “shovel-ready site” for logistics and distribution companies to locate facilities, Union said in its ED/GE application.

Union said it owns or has under option about 600 developable acres just west of the Dayton International Airport and about 2,000 acres total in the area. The city says it has “already received attention from potential distribution facility prospects seeking sites in Ohio and surrounding states.”

“This is an ideal and marketable area for development due to its location in the I-70/75 corridors,” the application says.

The application doesn’t give an exact number of expected new jobs, but indicated that a “high number” of jobs, more than 300, are expected.

Dayton government is seeking two ED/GE grants. One grant, $500,000, would assist Process Equipment Co.’s purchase of a 425,000-square foot building on McCall Street to consolidate and expand its local operations. The other, for $600,000, would fund a Dayton Development Coalition program to help technology-oriented small businesses.

PECo, as the Tipp City company is called, wants the McCall building to consolidate four area sites and create 271 jobs while retaining 160 existing jobs, according to Dayton’s grant application.

In its own announcement Monday, PECo owner Albert Naggar said he expects to hire 250 employees over the next five years.

In its application for the coalition’s ESP (Entrepreneur Signature Program), Dayton said the project — dubbed “ESP 2.0” — is projected to create 103 jobs annually and to support 17 companies.

In other jurisdictions, the city of Englewood is requesting $50,000 to expand a building at 100 Rockridge Road for Garber Electrical Contractors.

The company has 63 full-time employees and seven part-time workers. If the $850,000 project is funded, Garber will commit to hiring at least five employees over the next two years, raising the company’s annual payroll by $260,000.

Huber Heights is seeking $50,000 for building construction and expansion for KE Rose, a custom installer and fabricator of construction equipment and public safety vehicles.

The company has 19 full-time employees today. The city says the $375,000 project would lead to three new full-time jobs, with an added annual payroll of $93,000.

The work — which includes water line, storm sewer and sanitary sewer installation — would happen at 4595 Chambersburg Road. The project would add 4,800 square feet of new production space.

The city of Brookville wants $185,000 to help Flow Dry Technology Inc. renovate a building and build a production “clean room” at 379 Albert Road.

The company produces absorbent packages used to protect products from moisture and other kinds of damage. With subsidiaries in Hungary and China, Flow Dry has grown revenue at an average of 22 percent in the past three years, Brookville’s application says.

Today, the company has about 73 employees. New business — and a newly constructed “clean room” — will help the company meet new orders and hire 18 new employees by 2016, creating $570,000 in new gross payroll, according to a March 29 letter from Doug LeConey, Flow Dry’s president and minority owner.

Butler Township is asking the ED/GE Committee for $50,000 to fund a $1.25 million project on behalf of an anonymous company at the corner of Engle and Old Springfield Roads. According to the application, a new 14,000-square-foot facility will serve as a central maintenance and parts site for the company’s operations and retail divisions.

At stake are five new jobs and an estimated payroll of $285,000, with seven existing jobs retained, Butler Township’s application says.