The city of Dayton is seeing big results from the approximately $4.5 million in economic development incentives awarded to private companies the past few years, the Dayton Daily News reports. Those incentives “have resulted in or will result in more than $78 million in private spending, and those employers have pledged to create or retain 2,760 jobs,” according to the article. City officials say the incentives “have persuaded large and important employers to remain or expand in Dayton, including some which have been courted by other communities.” Dayton’s director of economic development, Ford Weber, said, “[w]ith the economy improving, there’s more need for economic development incentives. As the economy strengthens, the projects get bigger — even though our incentives are increasing, we’re leveraging more money than we have in the past.” For more, read the full article.
Dayton’s economic development incentives return $78M, 2,760 jobs
