Port authority approves $4.3M in bonds to attract manufacturer to Dayton area
The Dayton-Montgomery County Port Authority recently voted to issue $4.3 million in bonds in hopes of bringing more than 100 jobs to the area, the Dayton Daily News reports. The funding would be used to “finance the building of a 106,000-square-foot manufacturing site in Englewood” for Canadian auto parts manufacturer Hematite Inc., according to the article. Hematite would create 110 full-time jobs at the site that would “serve Toyota in Georgetown, Ky., Jeep in Toledo and Volkswagen in Chattanooga, Tenn.” The bonds are expected to be issued through the Southwest Ohio Regional Bond Fund. For more, read the full article.
