Dayton Daily News

GOVERNMENT GRANTS RAISE HOPES FOR ADDING 850 JOBS

Commission­ers will decide next week which companies get funds.

- By Thomas Gnau Staff Writer

The promise of a Fortune 500 company building a new automotive manufactur­ing operation in the Dayton area — as well as a Florida biomedical company creating more than 200 jobs — each drew a recommenda­tion for public developmen­t grants Friday.

A committee is sending the recommenda­tions to Montgomery County commission­ers, who will have the final say Thursday on which companies receive county ED/GE (Economic Developmen­t/ Government Equity) money for moves or expansions.

Code-named “Project Nora,” the committee decided to recommend $250,000 to an as yet unidentifi­ed Fortune 500 manufactur­er that could build a 300,000-square-foot operation in Brookville, Dayton or Union. Erik Collins, the county’s developmen­t director, told committee members the company could be in the area by late 2019 or early 2020.

“Nora” is set to receive another $150,000 in the spring of 2019.

ED/GE funding is awarded twice a year, in the fall and spring.

Tyler Technologi­es, which already has a property appraisal and government software office in Moraine, was recommende­d for $250,000, with the promise of 225 new jobs being added to an existing 160 local jobs.

The biggest batch of new jobs in the fall ED/GE funding round would come from a Florida health company, AxoGen Inc.

This summer, AxoGen bought a Vandalia industrial building in the Scholz Industrial Park. That project could create 228 new jobs, according to the city of Vandalia, which applied for $350,000 in ED/GE money.

The ED/GE committee recommende­d $250,000 for AxoGen, which is expected to create jobs with an average annual salary of $41,200.

Defense contractor JJR Solutions is eyeing a move from Pentagon Boulevard in Beavercree­k to downtown Dayton. The committee recommende­d $120,000 to that company and its promise of 100 new jobs at an average annual salary of $90,000.

In Dayton, metals finisher Techmetals Inc. sought $120,000 for an expansion to retain 200 jobs and create 25 new ones. The committee recommende­d the same amount.

In Miamisburg, Excelitas Tech-

nologies, a maker of optoelectr­onics and advanced electronic systems, was recommende­d for $175,000 to expand its existing facility, adding 45 new jobs to 160 current jobs.

The code-named Project Stop 8 — again for a company not yet identified — was recommende­d for $150,000 for a manufactur­ing project in Vandalia promising 44 new jobs.

Hofacker Precision Machining was recommende­d for $56,250 for three new manufactur­ing jobs in Brookville, while a janitorial and floor care company was recommende­d for $23,000 to upgrade a location at 5134 Salem Ave.

ED/GE funding is funded in part from countywide sales taxes.

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