Estimated direct investment by unnamed tenant company: $250 million.
Number of jobs to be created: 630 to 800.
Average salary per new job: $32,000 to $35,000.
Estimated annual payroll: $25 million.
ED/GE grant request by city of Moraine: $700,000.
Expected income tax boost to Moraine: Up to $500,000.
Sources: ED/GE application, city of Moraine.
About Industrial Realty Group LLC
• IRG, based in Southern California, has owned the former GM auto assembly plant in Moraine, now known as Progress Park, for a little more than two years.
• IRG has brought five smaller businesses to the 4.2 million-square-foot industrial complex.
• IRG also owns are the former Emery/UPS sorting hub at 2800 Old Springfield Road, near the Dayton International Airport in Vandalia; the former Delphi plant, now used by auto parts producer Tenneco, at 2000 Forrer Blvd. in Kettering; a 38,000-square-foot food processing plant at 2110 W. Jefferson St., Springfield, among other local sites. IRG is also developing former Delphi property west of the University of Dayton Arena, bringing a new truck stop there among other ventures.
• IRG is perhaps best known in Ohio for developing a new headquarters for Goodyear Tire & Rubber Co. in Akron.
About the Author
