Applications for Montgomery County taxpayer grants offer a glimpse at seven businesses and cities contemplating the creation of nearly 540 new jobs in the Dayton area.
County government made the applications public Tuesday.
The biggest potential project is continued attention from the city of Dayton to commercial development of the downtown Arcade. City planners who applied to the county for ED/GE (Economic Development/Government Equity) funds believe the Arcade could lead to an estimated 438 new jobs in downtown Dayton.
Dayton has applied for $500,000 in ED/GE money to propel development of the Arcade.
In the city of Vandalia, the city is seeking $75,000 in a project that could protect 215 existing jobs while creating 41 new ones.
Sand Lake Property LLC, an affiliate of Dayton Freight Lines, wants to upgrade its location at 6450 Poe Ave., Vandalia said in its application.
In Trotwood, the code-named “Project Timber” would create 35 new distribution jobs, that city’s application says. Trotwood seeks $250,000 to help that as-yet unnamed business expand in or move to Trotwood.
Toolmaker Dynamic Machine Works is willing to move from Eaton in Preble County to Englewood, moving two jobs and hiring six to ten new employees in the next three years, according to Englewood’s ED/GE application.
In its application, the city of Union says the Belevin Corp. is willing to move its business from Darke County to Union. The company sells pole barn building and post frame packages online, Union said, and could create 20 new jobs within three years.
Buckeye Trailer and Fabrication could create three new jobs in Harrison Twp., protecting four current jobs, the township’s application says.
And in New Lebanon, a tool & die operation is weighing a relocation from Beavercreek. That project could create three new jobs.
In all, seven projects seek a total of $1.14 million, according to the county, creating 538 new jobs and protecting 221 current jobs.
A county committee will weigh the applications, deciding which ones to fund and by how much, in meetings scheduled for April 27 and May 11.
At this point, just over $2 million is available in ED/GE funds, but the county also has a fall ED/GE funding round later in the year.
Keep your browser here for more on this unfolding story.
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