County OKs funds for projects creating 120+ new jobs

Thanks to a new county development grant, a Canadian plastics extrusion company may set up shop in Vandalia. This 2007 photo shows Enon extruded plastics maker Fox Lite Inc. TY GREENLEES/STAFF

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Thanks to a new county development grant, a Canadian plastics extrusion company may set up shop in Vandalia. This 2007 photo shows Enon extruded plastics maker Fox Lite Inc. TY GREENLEES/STAFF

Montgomery County Commission Thursday approved more than $1 million in development money for local businesses whose expansions will create more than 120 new jobs.

Those projects include the formation of a new $11 million North American headquarters for MSW Plastics USA Inc. in Vandalia, which will result in 35 new jobs. Commissioners approved $320,000 in ED/GE (Economic Development/Government Equity) funds for that project.

RELATED: $1M+ endorsed for companies planning to create 121 new jobs

MSW Plastics makes plastic extruded building materials and is considering the purchase and renovation of a vacant 61,000-square-foot facility in Vandalia.

Also approved were $170,000 for manufacturer Aeroseal to buy and renovate the vacant 40,000-square-foot former Planet Ford auto dealership in Centerville.

RELATEDOther ED/GE projects to create new jobs

The renovated building will house the company’s corporate offices, research and development, training spaces, and warehouse, creating 19 new jobs and retaining 44 existing jobs in a $2.7 million project.

Another grant would move Northwestern Tools from Valleywood Drive in Kettering to 6.4 acres at 4800 Hempstead Station, a move that would create 12 new jobs.

Since the inception of the ED/GE program — created by the sharing of local sales taxes and county general funds — 461 projects across 27 communities in the county have led to 24,000 private jobs and drawn more than $2.8 billion in investment, or $31 for every $1 of ED/GE funds, according to the county.

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