Tuesday, December 18, 2007

$$GRANTS TO CREATE AND RETAIN IN OHIO

Via Press Release:
Projects to Help Spur Local Economies, Generate Jobs for Ohioans

Columbus, OH
-- Lieutenant Governor Lee Fisher today announced that more than $1 million in economic development and roadwork development grants have been awarded to aid in the growth of businesses and the creation and retention of jobs in Ohio. The grants, administered by the Ohio Department of Development, were approved today by the State Controlling Board and are expected to create 435 positions and retain 246 jobs for Ohioans. "These business expansions and infrastructure improvements will have a long-term, positive impact in four communities across the State," said Lt. Governor Fisher, who also serves as Director of the Ohio Department of Development. "These potential expansions and infrastructure improvements will provide new growth opportunities and jobs for Ohio workers."

The City of Trotwood (Montgomery County) will receive a $200,000 Roadwork Development Grant to complete public roadwork improvements in support of The James Group - Ohio LLC's (JGO) new facility in Trotwood.

Lighting Products, Inc. (Lighting Products), located in Geneva (Ashtabula County) will receive a $20,000 Rapid Outreach Grant for costs associated with the acquisition of machinery and equipment to support the company's expansion.

Metal Forming & Coining Corporation (MFC), located in Maumee (Lucas County), will receive a $100,000 Rapid Outreach Grant for costs associated with the acquisition of machinery and equipment to support the company's expansion.

General Motors Corporation (GM), to be located in West Chester Township (Butler County), will receive a $500,000 Rapid Outreach Grant for costs associated with the acquisition of equipment to support the company's new warehouse and distribution facility in West Chester Township.



The Rapid Outreach Grant (412) is a grant program to assist companies and communitiesthat are creating or retaining jobs in Ohio. The Roadwork Development Account(629) provides grant assistance to communities for highwayand road projects related to job creation and retention. The 629 Program is funded with gas tax dollars and is restricted to public road projects only.

No comments: