Dayton Freight expansion gets state tax credit to add 51 jobs

The city of Vandalia is eyeing at least two big business expansions in recent days, Dayton Freight Lines Inc. and the cod-named “Project Bullseye.” CONTRIBUTED
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The city of Vandalia is eyeing at least two big business expansions in recent days, Dayton Freight Lines Inc. and the cod-named “Project Bullseye.” CONTRIBUTED

Dayton Freight Lines, Inc. is expanding in Vandalia, expecting to create 51 full-time jobs.

The Ohio Tax Credit Authority approved a 1.383 percent, seven-year “job creation tax credit” for the project, Gov. John Kasich’s office announced Monday.

The Dayton Freight Lines project is expected to generate $3 million in new annual payroll while retaining $11.2 million in existing payroll.

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Dayton Freight Lines is a freight carrier with 50 service centers in the Midwest.

The authority also approved credits for two other projects in Columbus.

Together, the state expects the three projects to create a total of 105 new jobs and protect 221 existing jobs statewide. Collectively, the projects are expected to result in more than $6.8 million in new payroll and spur $11.8 million in investments.

Last week, Montgomery County commissioners approved a $70,000 grant to fund the expansion of an existing “advanced manufacturing” company, also in Vandalia.

The company’s identity in that project, codenamed “Project Bullseye,” was shielded. The project won approval for a $70,000 Montgomery County Economic Development/Government Equity (ED/GE) grant.

That company was considering a total investment of about $40 million, Vandalia Assistant City Manager Greg Shackleford told this news outlet. The company would be committing to 35 new full-time jobs with an average annual salary of $80,000, he said.

But Project Bullseye is not the same project as the Dayton Freight expansion, a spokesman for the city of Vandalia said Monday.

“Bullseye is completely different, I can tell you that,” said Rich Hopkins.

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