DevelopOhio

Eleven companies are hoping their expansion projects will receive grants from Montgomery County’s Economic Development/Government Equity, or ED/GE, program, which “helps growing companies to expand” in the region, the Dayton Business Journal reports. Altogether, the projects “seek $1.7 million in funds and promise to create 796 jobs and $63.9 million in investment in the region,” according to the article. Among the projects requesting funding are a “$33 million distribution center proposed near the Dayton International Airport that could mean 350 jobs,” as well as “$100,000 to Vandalia to support Lastar’s expansion, with a $4.2 million project that could mean 125 jobs.” The ED/GE program often works with “local incentives and assistance from the state and its private development arm, JobsOhio,” to support Dayton-area projects such as these. The county will decide which grants to issue later this spring. For more, read the full article.