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