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Companies seek county help to expand

Other economic development projects besides the proposed $250 million project at the former General Motors plant in Moraine are seeking funding this fall from Montgomery County’s Economic Development/Government Equity program.

News of the Moraine project overshadowed the other projects when applications were submitted to the county Friday. In total, the county received 13 grant applications.

The other projects include one by the city of Dayton, which is seeking $500,000 for the nearly $35 million mixed-used Water Street redevelopment project. The city estimates the development would create 15 new jobs, at an average salary of $80,000 a year. Eighty jobs at the same salary would be retained.

In Vandalia, Belcamp, Maryland-based Independent Can Co. wants $300,000 for an expansion that would create 30 jobs at an annual payroll of $1.4 million.

Independent Can wants to invest $10 million into a site at Stonequarry Crossings. The specialty metal packaging and metal lithography business plans to build a facility near Capstone Way and Peters Pike.

Another company in Huber Heights, Enman Tool & Die, is seeking $200,000 in ED/GE funds to help finance a $3.5 million expansion. The company wants to build a 10,000- to 15,000-square-foot building near its current location at 7601 Center Point Blvd., retain 11 current employees and add 15 more, according to its application.

The expansion would result in $525,000 in new annual payroll while retaining $488,000 in existing payroll, the Enman application says.

In Harrison Twp., Pave Technology Co. wants $100,000 to boost a $886,200 expansion. The company wants to build a 8,381-square-foot building adjacent to an existing building at 2751 Thunderhawk Court.

Pave specializes in producing seals for the aerospace, automotive, defense, semiconductor, marine and medical industries.

At stake are 42 existing jobs and the 10 to 20 new jobs Pave expects to create, according to its application.

The biggest project is the one involving the former GM plant. The city of Moraine wants a $700,000 ED/GE grant for a $250 million project that would employ up to 800 people at the former plant off Ohio 741 and Stroop Road. The prospective tenant was not named in the city’s application.

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