Distribution Firm Chooses Carey for $51.5M Project

Mar 23, 2018 | News, Newsletter

Gregory Moon.
Wyandot County Office of Economic Development.

The company has committed to creating 50 full time jobs with an average salary of $44,000 per year. According to officials, the company also offers above average benefit programs to employees, and has been recognized for its high ethical standards.

Greg Moon, executive director of the Wyandot County Office of Economic Development, said, “The Village of Carey and Wyandot County will see a significant positive impact from the project. Taking into account this project and the recent project of Hanon Systems USA, Carey is experiencing the creation of almost 200 new jobs in its new Arrowhead Commerce Park. Continental Structural Plastics (CSP), also located in Carey, continues to make significant investments and create new local opportunities. As these local legacy and new industrial operations continue to find what they need in the Village of Carey and Wyandot County to profitably grow, the community will remain a viable option for prospective businesses.”

Tim Vaughn, CEO of Vaughn Industries, added, “The housing industry, food business, school systems, all of it – there’s been a lot of trickle-down effect with people either moving to Carey or coming and going from Carey in regards to these ventures benefiting the area. So you know the local gas stations, food stores, merchants, etc., there’s been a pick-up and it’s still coming.”

According to Moon, outside of the brand new facility that was available, the high respect of place and values displayed by residents as corporate leadership toured the area was one of the major reasons the company chose to locate in the community. These local values fit very well with the company’s own corporate values.

“Also, the ability of Vaughn Industries to expedite the company’s needed building improvements was another reason the company chose to locate in the Village of Carey. Vaughn Industries’ expertise and its management of Arrowhead Commerce Park provide a significant and ongoing advantage for new tenants.”

The Wyandot County Office of Economic Development worked with local leadership to award the company a local property tax exemption as well as with its JobsOhio partners to secure State-level incentives. According to officials, the project was highly competitive with the surrounding states.

When speaking of the benefits of Carey and Arrowhead Commerce Park for businesses, Vaughn said, “We have good utilities, a good way of life, we are located close to the highway, and I think we have a strong workforce in the surrounding area. It’s been very attractive to the manufacturers that are coming to this location. I think that has been great for everyone so far.”

Arrowhead Commerce Park currently has 15 acres of space ready to be developed. According to Vaughn, another building is currently being built by Vaughn Industries. He could not disclose any details of the project.

“For an electrical / mechanical contractor, its been a stretch for us, but one of the things that happened in Carey is that – it happened with the first spec building and it happened with the second one – we couldn’t get people up to the plate to build one, so we took it upon ourselves to build one. We have a great consortium with the State of Ohio, local municipality, and the Wyandot County Economic Development office. Between all of us, it has been a great relationship and a great opportunity to entice and bring people from other states to Carey and northwest Ohio,” Vaughn concluded.

Source: Toledo Business Journal. (2018, January 1). Smith Drug Co. to invest $51.5M in Carey. Retrieved from: http://www.toledobiz.com/Files/major_stories/news01.html

In Memoriam – The Life of Dan Evers

I first met Dan in the fall of 2016.  I had moved to Central Ohio over the late holiday season in 2015 to begin serving as the new Director of GROW Licking County CIC, Dan’s former role.  I was immediately struck by many in the community who worried that I would “not be enough,” that the “shoes were too big,” and that “Dan was larger than life.”  And they were right. 

read more

OEDA 2022 Annual Excellence Awards – Call for Nominations

The Ohio Economic Development Association’s annual Excellence Awards program recognizes the achievements of individuals and organizations in Ohio in the areas of economic and workforce development.  Submit your nominations today and have excellence in your community recognized statewide!

A panel of judges will evaluate the nominations, determine finalists, and select a winner for each of the categories noted below.  Award winners will be announced in conjunction with the 2022 OEDA Annual Summit, being held October 3-6 at the Exchange at Bridge Park in Dublin, Ohio. 

read more