The aerospace-defense company hopes to expand its facility by 40,000 square feet, according to the county. The company wants to invest $3.5 million, and the project would create 20 new jobs while protecting 42 current jobs, records show.
ETI-Starwin has been approved for $150,000 in county Economic Development/Government Equity funds with a required local match from Kettering of $50,000 in an economic development incentive grant, according to a resolution approved by Kettering this week.
Several attempts to reach ETI-Starwin representatives this week were unsuccessful.
“We’re fortunate enough to see one of our businesses receive” an ED/GE grant, Kettering City Manager Matt Greeson said.
The county had about $2.5 million available for ED/GE project requests.
Awarded ED/GE projects should be under contract and — if applicable — under construction within six months of April 30, when county commissioners approved the funding, county records state.
ETI-Starwin was among four businesses awarded a Navy contract last month for “a combined $30 million firm-fixed-price, indefinite-delivery/indefinite-quantity multiple award contract,” according to the Department of Defense website.
Each contractor will be given $10,000 obligated at time of award, according to federal records.
“These contracts include options which, if exercised, would bring the total value to the ceiling of $30 million to the four vendors combined,” DoD records state.
Each contract has a five-year base with option years that can take the contract up to 10 years, according to the department.
For more than 50 years, ETI-Starwin has served engineering and manufacturing needs within several of the world’s major industries, including aerospace, defense, medical, automotive, agriculture and energy, according to its website.
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