The biggest request may be the most problematic for county decision-makers: The city of Dayton is asking Montgomery County for $1 million in ED/GE funds in the nearly $41.4 million restoration of the sprawling downtown Dayton Arcade.
In its application to the county, the city says job creation at a restored Arcade is “conservatively estimated” to be expected to exceed 400 jobs by the year 2021.
One big problem: Montgomery has only just over $1 million for the fall ED/GE funding round.
In all, the country received more than $2.4 million in ED/GE requests Wednesday.
Late applications released Wednesday afternoon include a request for $400,000 by the city of Vandalia on behalf of a Canadian company, MSW Plastics Inc., which wants to create 35 new jobs on Ventor Avenue.
Further south, Miamisburg wants to help Staco Energy Consolidation consolidate office operations in Miamisburg and and manufacturing work in Dayton into one location.
That $7 million project would create four new jobs and retain 62 existing ones, Miamisburg said in its application to the county.
Staco is also looking at moving to Springboro, Miamisburg said.
And Trimble Navigation in Huber Heights wants to build a new workspace meant to facilitate testing and demonstration of products when the weather is poor.
The city of Huber Heights is aking for $100,000 in a project that would create 15 new jobs while retaining 550 current ones.
UPDATE: 3:50 p.m.
The city of Dayton is asking Montgomery County for $1 million in ED/GE funds in the nearly $41.4 million restoration of the downtown Dayton Arcade.
In its application to the county, the city says job creation at a restored Arcade is “conservatively estimated” to be expected to exceed 400 jobs by the year 2021.
One big problem: Montgomery has only just over $1 million for the fall ED/GE funding round.
Also, the city of Centerville is asking for $250,000 for Aeroseal LLC.
Aeroseal wants to move to the former Planet Ford auto dealership site on East Alex-Bell Road.
Nineteen new jobs would be created, Centerville said in its ED/GE application.
UPDATE 3 p.m.
Montgomery County now has four ED/GE fund applications filed on behalf of four companies, promising the creation of a total of 48 new jobs total.
Harrison Twp. is applying for $120,000 in ED/GE money for Staub Manufacturing Solutions on Thunderhawk Court.
The company wants to buy adjacent property in a $1.5 million expansion, adding six jobs to the company’s current 28 jobs.
ORIGINAL STORY
Two Montgomery County communities are applying for county development dollars to fuel three business expansions — creating 42 new jobs and protecting 25 existing jobs along the way, according to the applications.
Those three projects are likely just the beginning. Wednesday at 5 p.m. was the deadline for Montgomery County municipalities to apply for county development money for business expansions or moves.
Kettering seeks money for two companies, Northwestern Tools and N12 Technologies.
And West Carrollton is requesting $200,000 for Misumi USA/Dayton Progress in what would be a $12 million project in that city.
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Misumi wants to a build a 55,000-square-foot “state of the art” distribution center at 500 Progress Road, according to West Carrollton’s application to the county.
Kettering is asking for $100,000 on behalf of Northwestern Tools in a $2.7 million project that would create 12 new jobs while retaining 25 current ones.
Northwestern Tools wants to move from 3130 Valleywood Drive to a 6-acre property at 4800 Hempstead Station.
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Kettering also seeks $50,000 for N12 Technologies in a $500,000 project that would create 10 jobs, the city says.
N12 wants to set up a 6,000-square-foot manufacturing operation in the National Composites Center in Kettering. The company has worked with the University of Dayton Research Institute there since 2016, the city said.
The applications only start the process of winning the money, known as “ED/GE” (Economic Development/Government Equity) funds. In coming weeks, a local committee will review the projects and make recommendations to the Montgomery County Commission, which has the final vote on which projects are funded.
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That final recommendation to Commission is scheduled for Dec. 8.
ED/GE awards are made twice a year, in the spring and the fall.
Even with county-government funding cuts on the horizon, the county has just over $1 million for the ED/GE fall funding round.
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