5 things to know about the $1.25M deal for former Standard Register

Taylor Corp. has pledged to stay in Dayton and keep at least 500 employees at the former Standard Register headquarters on Albany Street.

In return, it gets:

  • A $750,000 grant from the city of Dayton (awaiting approval from the Dayton City Commission).
  • A $500,000 Montgomery County development grant.
  • $2.1 million in streetscape improvements over several years by Dayton, and the demolition of 30 to 40 dilapidated structures, also by Dayton. Much of that money could come from state and federal governments.
  • CityWide Development Corp. will buy its building, upgrade it and lease it back to Taylor in a 10-year agreement.
  • JobsOhio and the state may offer more.