Navistar Project Promises Up to 154 Jobs in Urbana
Navistar needs the facility to support an agreement to manufacture the cutaway model of the General Motors G Van at Navistar’s nearby Springfield assembly plant. The distribution center will house up to $16 million in inventory.
Construction began earlier this spring after approval of a Community Reinvestment Act (CRA) agreement that grants a 10-year, 100 percent tax exemption of real property tax to Damewood Enterprises, which owns the property where the facility is being built, in the Urbana Industrial Park.
To celebrate the economic development win, a groundbreaking ceremony was held May 18, with construction already well underway.
Developers of the project credited Urbana leaders – city and school officials and Champaign County’s economic development agency, the Champaign Economic Partnership – for easing the process and establishing the CRA.
“It’s so refreshing to work in the city of Urbana,” said Rich Irelan, Vice President of Sales and Marketing for Dublin Building Systems, which is building the distribution center. “We are going to promote more business in Urbana, Ohio, for sure.”
Interns Help Expand Sales to International Markets
The Ohio Export Internship Program matches businesses interested in growing exports with highly motivated college students who have taken export-focused coursework. The Ohio Department of Development offers participating small to medium-sized businesses a 50 percent reimbursement for the wages of the intern.
read moreLouis Dreyfus Company Announces Record Breaking Project in Wyandot County
Louis Dreyfus Company (LDC), a leading merchant and processor of agricultural goods, announced plans for its state-of-the-art soybean processing facility to be located in Wyandot County, Ohio. The project will bolster the region’s economic growth in the critical food and agriculture sector. LDC’s facility will be located just outside of the City of Upper Sandusky; it’s first location in the State of Ohio.
read moreMapping a Pathway to Successfully Access New All Ohio Future Fund Opportunities
The Ohio General Assembly, in its budget bill (HB33) approved July 3, 2023, authorized up to $750 million in state budget resources to the All Ohio Future Fund (R.C. 126.62). The fund is to be used for infrastructure to compete for — and win – more sizeable economic development projects such as the Amazon, Honda-LG, and Intel megaprojects that Ohio landed in recent years.
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