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.