Development projects recommended
1. Dayton: “Project Gloss,” 345 new jobs.
2. Miamisburg: United Grinding North America, 30 new jobs, 100 retained jobs.
3. Brookville: Green Tokai, 57 new jobs.
4. Huber Heights: “Project Third Brass,” 42 new jobs, 78 retained jobs.
5. Moraine: Lastar/Cables to Go, 140 retained jobs.
6. Miami Twp.: “Project McGraw,” 115 new jobs.
7. Moraine: Production Control Units, 20 new jobs, 54 retained jobs.
8. Huber Heights: “Project Round,” six new jobs, 32 retained jobs.
9. Riverside: Radiance Technologies, 50 new jobs, 100 retained jobs.
Source: Montgomery County government
A company’s proposal to build a $33 million facility at the Dayton International Airport, creating 345 new jobs, has been recommended for county development funding.
That was the biggest decision made Wednesday by a local committee weighing municipalities’ requests for Montgomery County development funds that are meant to draw and keep businesses in the Dayton region.
Dubbed “Project Gloss” to protect the company’s identity, the Dayton International Airport project will have a distribution component, a light manufacturing component and, in its second year, a research and development component, said Ford Weber, economic development director with the city of Dayton.
All of the 345 jobs at the proposed 570,000-square-foot facility would be new to the city.
Asked when Dayton will identify the new company, Weber said, “It will be pretty soon, because they want to move fast.”
Montgomery County Commission will vote next week to approve the Economic Development/Government Equity funds recommended for the unnamed company and nine other projects.
The airport, about 10 miles north of downtown, has long been annexed within the city of Dayton. This would be the first large non-aviation development on airport property, Terry Slaybaugh, Dayton International Airport director, said Wednesday.
The airport has a lot of property not used for aviation, Slaybaugh said. Some 400 acres of airport property were released in 2009 for non-aviation projects and this business fits with that, he said.
The project awaits a final agreement with the business itself, Slaybaugh noted.
“It’s not a done deal yet,” said Erik Collins, Montgomery County development director. “We’re competing with other places outside of Ohio.” He did not say what other locations are in the running.
Project Gloss will get $350,000 in county ED/GE funds, if county commissioners approve the committee’s recommendation Tuesday.
It’s the largest of nine development projects the committee endorsed Wednesday.
In Riverside, the committee voted for $50,000 in ED/GE funds to bring 50 new jobs to defense contractor Radiance Technologies, retaining 100 existing jobs. Those jobs will pay an average annual salary of about $95,000, Collins said.
“The challenge with all of these projects is that they’re all good projects,” Collins said.
In Miami Twp, “Project McGraw” was recommended to receive $200,000 to create 115 new jobs and retain 58 jobs at 3475 Newmark Drive, across Ohio 741 from the main LexisNexis campus. The Newmark office had been overflow space for LexisNexis, Collins said.
The company going there would be an unnamed military contractor with offices in Beavercreek Twp. that plans to consolidate its local office and its California division at the site.
Moraine and Vandalia were competing for the headquarters of audio-visual equipment maker Lastar/Cables to Go, which currently is based in Moraine off Kettering Boulevard. The committee decided to back Moraine’s request for $50,000 to improve the company’s existing building, foregoing Vandalia’s request. That project involves 140 existing jobs.
Collins said the committee prefers to keep companies where they are, if at all possible.
Green Tokai, in Brookville, was recommended to get $50,000 in an expansion that could produce 57 new manufacturing jobs.
ED/GE funds come primarily from pooled sales tax proceeds, money that is then shared by county communities to attract businesses.
Staff Writer Rachel Murray contributed to this story.
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