Regional manufacturer plans $4M-plus expansion, 63 new jobs

Aug 23, 2018News, Newsletter

Thomas Gnau, Staff Writer
Dayton Daily News

 

Forklift and equipment manufacturer Crown Equipment Corp. is planning a more than $4 million expansion at its New Knoxville facility, an application for a building permit indicates.

The expansion at 7587 Ohio 219 will cover 57,460 square feet and is valued at $4,061,037, according to a building permit application filed last month. The expansion is for a “new manufacturing addition.”

The state of Ohio expects the project in Auglaize County expects to create 63 full-time positions by the year 2021, which will generate $2.5 million in new annual payroll.

Late last month, the Ohio Tax Credit Authority approved for the project a 1.309 percent tax credit for 6 years. The New Knoxville plant was one of two Crown facilities considered for the expansion, with the other site in Indiana.

Based in New Bremen, Ohio, Crown Equipment designs and makes forklifts, material handling equipment and their components.

Click here for the full article.

Ohio Tops Site Selection’s Top Micropolitan Communities

Site Selection Magazine has highlighted Ohio as the top state in the nation in its recent Top Micropolitan communities listing, published in March. Ohio communities Recognized in the listing are Findlay (ranked #1 nationally), Greenville, Defiance, Wooster, Chillicothe, Tiffin, Bucyrus-Galion, Fremont, New Philadelphus-Dover, Sandusky, Jackson, Van Wert, Norwalk, Salem and Point Pleasant. Five Ohio communities ranked in the Top 10 nationally.

read more

Toledo Offers Vibrancy Initiative Grant Program

The City of Toledo has announced its vibrancy Initiative, which uses a comprehensive approach to revitalization that addresses building exteriors and vacant first-floor commercial interiors. It is designed to enhance the city’s vitality by supporting revitalization efforts that create jobs, reduce blight, and preserve and improve buildings.

read more

Montrose Group Sponsors Development Opportunity Forum 2024

The Montrose Group will bring together 200 leading commercial real estate brokers, CEOs, HR, real estate, and financial corporate leaders, construction, economic development, and engineering leaders targeting attendees from the Great Lakes States for a day-long forum on May 21, 2024 at the Grand Events Center in Grandview Ohio.)

read more