Grant requests tied to hundreds of jobs
Businesses seeking Montgomery County development funds.
Businesses seeking Montgomery County development funds are contemplating moves to create 547 new jobs while protecting more than 700 current jobs, according to a roundup of project summaries.
One problem: The county received more than $2.4 million in requests for Economic Development/Government-Equity money in the current funding round and just over $1 million to distribute.
In fact, one project alone— restoration of the sprawling downtown Dayton Arcade — is seeking $1 million from the ED/GE program.
All told, the Arcade restoration would cost nearly $41.4million, with funding coming froma variety of sources. In its application for ED/GE funding, the city says job creation at a restored Arcade is “conservatively estimated” to exceed 400jobs by the year 2021.
Twice a year, Montgomery County government considers applications from local communities for the development
funds, which are created through sales tax revenue. ED/GEmoneyhas been used on some of the area’s bigger development projects, including bringing minor league baseball to Dayton, building out theCenter Point 70Commerce Park inHuber Heights and the D MAX manufacturing facility in Moraine.
While thosewere big projects with multiple partners, ED/GE also funds much smaller projects, each designed to create or retain jobs and expand the local tax base.
In coming weeks, a local committee will review the projects and make recommendations to the Montgomery County Commission, which has the final vote on which projects are funded and how much they get.
The group’s final recommendation to the commission is scheduled for Dec. 8.
ED/GE applications provide a windowinto the types of projects being proposed in the area. Here are the applications that were released this week by the county:
■ Vandalia is requesting $400,000 on behalf of a Canadian company, MSW Plastics Inc., whichwants to create 35 new jobs on Ventor Avenue.
■Mia mis burg is requesting $200,000 for Staco Energy Consolidation, which is looking to consolidate office operations and manufacturing work into one location. Currently, Staco’s corporate office is at 1229 Byers Road in Miamisburg and its manufacturing plant is at 301 Gaddis Blvd. in Dayton. Miamisburg’s application says the $7 million consolidation projectwould create four new jobs and retain 62 existing ones. The company is also considering a move to Springboro, the city says.
■ Trimble Navigation in HuberHeights wants to build a new workspace meant to facilitate testing and demonstration of products when the weather is poor. The $100,000 projectwould create 15 newjobswhile retaining 550current ones, according to Huber Heights’ application.
■ Centerville is seeking $250,000 for Aeroseal LLC. That company wants to move to the former Planet Ford auto dealership site on East Alex-BellRoad. Nineteennew jobswould be created, Centerville said in its application.
■ Harrison Twp. is applying for $120,000 for Staub Manufacturing Solutions on Thunderhawk Court. The companywants to buy adjacent property in a $1.5 million expansion, adding six jobs to the company’s current 28 jobs.
■ Kettering is seeking a total of $150,000 for two companies: $100,000 for Northwestern Tools and $50,000 for N12 Technologies. Northwestern Tools wants to move from 3130 Valleywood Drive to a 6-acre property at 4800 Hempstead Station, a $2.7 million expansion thatwould create 12 new jobs while retaining 25 current ones, according to Kettering’s application. The $50,000 request for N12 Technologies is part of a $500,000project thatwould create 10 jobs, the city says.
■ West Carrollton wants $200,000 for Misumi USA/ Dayton Progress in what would be a $12 million project inthat city. Misumiwants to a build a 55,000-squarefoot “state of the art” distribution center at500Progress Road, according to the city’s application to the county.