Techmetals Inc. in Dayton, Ohio, an engineered metal finishing facility, is investing $2.2 million to build a 10,000-square-foot addition and buy more equipment and machinery, according to the Ohio Department of Development, which awarded the company a 40 percent, six-year tax credit for creating 22 jobs as part of the project.
Development officials say Techmetals has about 120 workers as of last year. The company recently landed $250,000 in city and county economic development grants for the project.
Techmetals, a family-owned business started in the late 1960s, occupies about 100,000 square feet across six buildings near downtown Dayton. It serves a variety of industries and spends about about $400,000 per year on employee training, development officials say.
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