Grants and loans will stimulate $35M investment and 285 new jobs in Greater Cincinnati

JobsOhio has awarded grants and loans to five Greater Cincinnati companies in return for pledges to create 285 new jobs and invest $35 million, Cincinnati.com reports. The 2016 completed projects include pledges from the following companies: TP Mechanical Contractors, to create 100 jobs and invest $150,000 in capital improvements; Integrity Express Logistics, to add 116 jobs and make $14.1 million in capital improvements; and MadTree Brewing, to make $18 million in capital improvements and add 23 jobs. Kimm Coyner, a vice president at REDI Cincinnati, the JobsOhio liaison for Southwest Ohio, said, “[w]e help companies of all sizes get what they need to succeed in the region. Sometimes that’s an incentive, or in these cases, it can be a grant or a loan.” REDI Cincinnati also said that so far in 2016, “employers they’ve assisted have pledged to create 1,964 jobs and retain 4,917 jobs,” while also committing to “completing $157.3 million of capital investments in the region.” 

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