Montgomery County approves grants for 8 companies to create 307 new job

Several companies have received incentives to grow business in the area thanks to grants from Montgomery County that are expected to create 307 new jobs for the region.

The county’s economic development program board, ED/GE, approved incentives for eight companies looking to grow in Dayton, totaling about $1.1 million in funds.

Topping the requests, $500,000 was granted for the construction of a new operations center for PSA Airlines Inc. at Dayton International Airport. That project will create 42 jobs for the company with a new 6,900-square-foot operations center and pave the way for another 69,000 square foot maintenance hangar. This comes as the company has boosted employment locally by nearly 150 in six months and now has more than 600 employees in Dayton.

Related: PSA Airlines growing in Dayton

Most of the other projects received funding, some at lower amounts than had been requested. DBJ has put together articles on each company’s expansion plans here:

Among the amounts funded:

$150,000 to Dayton Molded Urethanes for its project to add 25,000 square feet to its facility and add 80 jobs;
$150,000 to Gayston Corp. for its $1.9 million move to 721 Richard St. in Miamisburg, which will bring 95 jobs into the county;
$100,000 to Prime Time Party Rental for its $2.1 million move from Moraine to West Carrollton that will shift 67 jobs and create another 33 as it grows into new markets;
$80,000 to restore the Rohrer & Christian Building in Germantown where Point Source Inc. hopes to move, and double in size from 11 workers to 23;
$50,000 to support Lunarline Inc.’s intent to build a new cybersecurtity office at Miami Valley Research Park in Kettering with 30 jobs;
$50,000 for Manufactured Assemblies Corp. to add 14,000 square feet to its space in Stonequarry Crossings, retaining 90 jobs and adding 35; and
$25,000 for Integrated Procurement Technologies to expand its Vandalia distribution center with a 5,000 add-on and several new jobs.

Three requests weren’t funded — Elizabeth Place Holdings LLC had sought $500,000 to help with a $2.8 million project to renovate Elizabeth Place to attract tenants while a $40,000 request to help fund a study to redevelop the area around the Dayton Mall was refused.

Premier Health’s $28 million expansion project at Good Samaritan North was turned down at the meeting last month because officials say they tend not to fund health care-related projects with ED/GE dollars. The hospital says it won’t alter its time line.