Beagle Touts Workforce Development Funding
Loans And Grants Approved For Job Creation Efforts In Southwest Ohio
August 08, 2011
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Columbus - 
State Senator Bill Beagle (R - Tipp City) today touted the release of nearly $2.5 million in loans and grants that will assist in the creation of over 90 new, full-time jobs, while helping to retain an additional 80 existing positions. The funds will be made available to four area employers by way of the Ohio Controlling Board. Two Dayton businesses, Techmetals, Inc. and Mound Laser & Photonics Center, Inc., will be receiving $900,000 and $50,000 respectively, to assist with job creation and the purchase of new machinery and equipment. Columbia Properties, LTD, located in the City of Vandalia, will be receiving a $1.5 million loan to aid in its plan to acquire a new 96,000 square-foot facility and to add 10 new, full-time positions. Also, Flow Day Technology in the City of Brookville has committed to the creation of 25 new jobs and has been awarded a grant of $25,000 to be used toward the purchase of new equipment. "The release of these funds will help four of our region's companies to expand operations and further grow their workforce," Beagle said. "Southwest Ohio's diverse industries are leading the way in reinvigorating Ohio's economic landscape." Prior to receiving approval from the Ohio Controlling Board, these four funding projects garnered endorsement on behalf of the Development Financing Advisory Council (DFAC).
Senator Bill Beagle serves the people of Ohio's 5th Senate District, which includes Miami County and portions of Montgomery and Darke Counties.
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