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.”
Back in February, I saw the SpaceX Falcon Heavy launch from Kennedy Space Center near Cape Canaveral, Florida. I was four miles away from the launchpad, and it was one of the most amazing things I’ve experienced. That’s not pertinent to this story, but I like to brag about it.read more
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Real estate deals near Dayton International Airport and at Cargill in Sidney got a big boost Monday.
The Dayton-Montgomery County Port Authority Board of Trustees voted unanimously Monday to boost both business expansions, approving deals that will shield construction projects at both sites from state and local sales taxes.
The trustees approved a capital lease financial structure to exempt from sales taxes a $175 million expansion at the Cargill refining plant in Sidney, a project expected to add 12 jobs to a workforce of 293 people.read more