Ohio legislators and leaders in the Dayton-area community on Tuesday celebrated the bipartisan efforts that helped land the largest single-site construction project in the history of Wright-Patterson Air Force Base — a win officials say will provide an economic boost to the region.
DAYTON — The Department of Defense has announced millions in new contract awards to Dayton-area companies.
Among the largest is $3.66 million to G.E. Aviation Systems LLC in Vandalia, as a contract set-aside from the U.S. Naval Supply Systems Command for the repair and modification of alternating current generators.
The recent federal tax reform bill included provisions creating a new program through which a taxpayer can defer income tax on capital gains. The Opportunity Zone program allows a taxpayer to reinvest proceeds from the sale of an eligible business or property into an Opportunity Fund. This Opportunity Fund, in turn, will invest in one or more businesses or properties located within qualified Opportunity Zones. Qualified Opportunity Zones are low-income areas that have been specifically designated by the state and federal government.
SOLON, OHIO (September 18, 2018) – Swagelok Company, a global developer and manufacturer of fluid system solutions, announced today that its Board of Directors has approved Solon as the location of its new $30 million – $50 million Global Headquarters and Innovation Center, following a three-month competitive site selection process.
Faced with low unemployment and dramatically sharper competition for manufacturing workers across the region, MAHLE Behr and its Dayton union say they have agreed on a new, four-year contract raising starting wages.