The Dayton Business Journal reports that yesterday, Montgomery County announced the approval of ten projects costing a total of $1.25 million. These projects will be funded as part of the fall cycle of the Economic Development Government Equity grants.
Money for these grant comes from sales tax money that is set aside each year by the county commissioners for the purpose of aiding and encouraging economic development projects within the county. Here are the ten projects:
- $350,000 awarded to the city of Clayton, information about which you can find if you click site, to build a 1.6 million square foot distribution warehouse. The county is pledging that an additional $350,000 for this project will be allocated in 2009.
- $264,000 to assist Kettering based Lya Technology Lab Inc. to relocate to Miamisburg. The money will be spent to help create a laboratory space and make improvements to the roofing, heating, plumbing, and electrical systems. The result is that 15 jobs will be created that combined will generate $600,000 in income each year.
- $240,000 to rehab a building at 444 E Second St. in downtown Dayton. This building will house a technology collaboration center and will create 45 jobs.
- $100,000 to help a Harrison township manufacturer expand — with the promise to create 45 jobs.
- $30,000 to help a Clay Township company improve its pavement and building.
- $100,000 to help Cleveland based ISE Mod open an office in Brookville, creating 20 jobs.
- $75,000 to help a Dayton manufacturer add 10 new jobs and house 38 employees moving from Springfield.
- $50,000 for office park renovation in Riverside.
- $25,000 to aid a Moraine manufacturing company buy new equipment — with the promise of creating three new jobs.
- $24,000 to help create three new jobs at the New Lebanon Industrial Part in New Lebanon.
