“Valgroup’s stated global goals include carbon neutrality and recycling 100% of the volume produced by 2040. Ambitious and environmentally conscious young people looking to make a difference in the world may just find their ticket in maintaining the bubble and closing the circular economy in the world of Ohio plastics.”
Plans continue for an existing manufacturers’ expansion; new CDL truck driver training opportunities move forward; and funding opportunities for small to medium-sized businesses.
Sheetz, Inc. has announced that it will construct a new $150M facility in Findlay, Ohio that would house additional food preparation and distribution functions as they expand their footprint into new markets. The project will create 750 jobs during the course of five years. The company has been working closely with Findlay∙Hancock County Economic Development, the Regional Growth Partnership, and JobsOhio on this project.
Housing development continues to be primary directive as project nears completion; Economic Development and City of Findlay make great strides towards North Findlay Infrastructure Development; and legislative updates to watch.
“A locally owned company in Hancock County has been working with Findlay∙Hancock County Economic Development and the Regional Growth Partnership as they consider an expansion and investment into new technologies. Project Willeke would result in a total capital investment of $5.75M and the creation of 35 additional jobs with an annual payroll of nearly $2M. Our office is always eager to support our mid-sized, locally owned businesses as they seek to grow.”
Findlay-Hancock County Economic Development Announces #1 Ranking in Site Selection Magazine’s America’s Best Counties
“When we asked Sheaffer why so many small Ohio counties outperform the rest of the country, he said that ‘counties in Ohio not linked to large metropolitan statistical areas tend to be lean, agile and do more with less in terms of resources.'”
“Site work has begun at the corner of Crystal and Bigelow Avenues as Humble Robinson launches a 100,000 sf speculative building project. The building will be like what was constructed for the Amazon Distribution Center with available acreage for future expansions.”
“The ED office visited the CSX Intermodal facility in April with colleagues from the Regional Growth Partnership. The facility is a great asset to companies in the Northwest Ohio region, with several Hancock County companies currently utilizing the terminal to move products.”
“The final $26.9M toward the redesign of the County Road 99 and Interstate 75 Interchange was awarded by ODOT’s Transportation Review Advisory Council in March. Construction will begin in Spring of 2024 with completion slated for Fall 2025.”
“The diverging diamond will be a real game changer for our commercial and industrial community. The upgrade will result in an asset that will not only serve our legacy companies but will also help attract new business,” said Dan Sheaffer, Director, Findlay-Hancock County Economic Development.
“Project Hat Trick visited two Findlay sites during the month of February. This food preparation and distribution facility would create 750 jobs and result in a $145M investment. During their visit Dan Sheaffer spoke to company representatives about the sites, utilities, and potential incentives. The ED office is working with the Center for Advanced Manufacturing to attract this lead.”
“The scope of Findlay’s latest triumph is truly eye-popping. Findlay’s haul of 32 qualifying projects dwarfs those of all other micros, none of which accumulated more than 12. In what was a challenging environment for investment among the 543 communities the Census Bureau identifies as micropolitan statistical areas, Findlay’s project count increased by a full 33% from the previous year’s total.”
“Being recognized nine years in a row validates our approach to business retention and expansion, specifically in the manufacturing and logistics space,” said Dan Sheaffer, Director-Economic Development. “Each year our number one objective is to support local companies as they grow. Most projects come from legacy companies continuing to invest and hire new employees.”
“The Economic Development team attended the quarterly Tall Timbers Industrial Park meeting to discuss inflation, recruiting obstacles, and hybrid v remote v in-person work environments. The ED office also shared the Wage & Benefits Survey initiative being undertaken by the office.” To learn more about what the Economic Development team was up to in January, please use the above link.
“ED is exploring a potential strategic tech innovation partner in Junction AI, a Software as a Service (SaaS) platform that produces Artificial Intelligence/Machine Learning (AI/ML) insights for forecasting successes. These forecasts help drive supply chain decisions, from sourcing materials to production capacity to just-in-time shipping/outbound logistics.” To learn more about what the Economic Development team has been up to this month, please use the above link.