By LOU WILIN
The state on Monday gave $100,000 toward development of a Findlay industrial park.
The money will help pay for $547,000 in road improvements at Ohio Logistics Business Park, north of Hancock County 99 and east of Ball Metal and the CSX railroad tracks.
Distribution Drive will be lengthened 800 feet northward, widened by four to five feet, and upgraded with curbs, gutters and a storm sewer by June 30, said Steve Wilson, project manager for the Hancock County Engineer’s Office.
Ohio Logistics Business Park has six lots on 47 acres. Its sole occupant, Ohio Logistics, has built a 125,000-square-foot addition to its existing warehouse. Ohio Logistics provides companies with warehousing, distribution and transportation.
Ohio Logistics also is building a 130,000-square-foot warehouse to the east, on one of the five now-empty lots at the business park. That building is expected to be completed in May or June.
The warehouse additions will come with 35 to 45 additional jobs by May, said Ohio Logistics President Chuck Bills. Ohio Logistics employs 370 at its warehouses across the country. It is headquartered in Findlay and is one of the largest privately-held logistics companies in the Midwest.
The $100,000 grant from JobsOhio, the state’s private economic development agency, was released Monday by the State Controlling Board. The State Transportation Department is proposing an additional $200,000 grant, but that money has not yet been released by the controlling board.
The rest of the road improvement costs will be paid by diverting from Van Buren School District and Allen Township the additional real estate taxes paid by the new development. That same arrangement will pay for a $483,999 sewer line along Distribution Drive and a $115,015 waterline.
Wilin: 419-427-8413 Send an E-mail to Lou Wilin
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