An advisory committee Friday recommended for Montgomery County Commission seven projects for public funding, including helping a manufacturer move jobs from Miami County and Huber Heights to Dayton.
The ED/GE (Economic Development/Government Equity) Advisory Committee recommended $500,000 to help Process Equipment Co. consolidate four locations in Miami County and Huber Heights to a McCall Street industrial site off U.S. 35.
That recommendation came over the request of Don Jones, Huber Heights assistant city manager, to not approve funds for the move until Dayton and Huber Heights approve a tax-sharing agreement.
Huber Heights had pursued an expansion of PECo until leaders of that company decided to move to Dayton. In a May 7 letter, Jones told the committee that the city respects the company’s decision, but could not support Dayton’s application on behalf of PECo until a tax-sharing agreement is reached.
Shelley Dickstein, Dayton assistant city manager, said Dayton representatives will meet with officials in Huber Heights to discuss tax sharing. But, she noted, “They (PECo) approached Dayton. Dayton did not go ahead and chase PECo.”
PECo leaders say they can save $1 million a year by consolidating into one site. The company makes large industrial parts and precise gears. With 160 employees, the company says it could hire 250 more over the next five years.
Reached after the meeting, Jones called the matter “a non-issue.”
“We’ll reach an agreement with Dayton,” Jones said. “We’ve got a meeting. It was just a timing (issue).”
The committee also approved $500,000 for the city of Union to support infrastructure to its “Global Logistics Airpark.” The committee agreed to distribute $250,000 now, with another $250,000 available in 2014, unless the city has prospective site users sooner. Union had originally sought $750,000.
Also, the committee approved $500,000 of a $600,000 request to Dayton for the Dayton Development Coalition’s update of its Entrepreneurial Signature Program to help early-stage technology firms.
Also approved: $140,000 for Flow Dry Technology in Brookville, and $50,000 each for Garber Electric in Englewood, K.E. Rose in Huber Heights and Vandalia Rental in Butler Twp.
County commissioners will weigh the recommendations Tuesday.