Canadian manufacturer considers bringing 100 new jobs to Englewood

A Canadian auto parts manufacturer is considering building a new location in Englewood, bringing more than 100 new jobs to the area.

Hematite Inc. is looking at an 18.45 acre location at 300 Lau Parkway in Englewood to build a new 106,000-square-feet building, according to Dayton-Montgomery County Port Authority officials.

The Englewood location is near the Hoke Road interchange on Interstate 70.

Earlier, the company had been considering a site in Vandalia, before shifting to a new location, said Port Authority trustees.

Erik Collins, director of the Montgomery County Economic Development Department, said the deal is not complete, but the Port Authority is working with the company to provide bonds to help finance the property.

Representatives of the company will be in the area this week to work through details of a move, Collins said.

“In my opinion, we still have a lot of hurdles to jump through,” Collins said.

On Tuesday, the Dayton-Montgomery County Port Authority passed an “inducement resolution” to help draw the company here. The resolution approved the issuance of industrial revenue bonds not to exceed $6 million, should Hematite decide to build a manufacturing site in Englewood.

The site would be a new building, said Jerry Brunswick, executive director of the port authority.

“This merely puts a marker in the ground,” said Brad Evers, counsel to the Port Authority. “If they do approve the project and go forward and finance through us, they can use money from our financing back to the (vote) today.”

Hematite manufactures recycled plastic products for managing acoustics, air flow, and water deflection on vehicles.

The company uses scrap from its customers and through a series of complex separation stages, obtains materials that can be used in the manufacturing process, according to its website.

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