The Austin, MN-basedfood company will pay $15 million to build thefacility, machinery and equipment, which will employ125 full-time employees and will serve as adistribution center for a variety of Hormel products.Hormel chose the Dayton site due to its ``environmentally safe land, new infrastructure systemsand easy access to major transportation routes,'' saidDayton Mayor Michael R. Turner.
Pending final approvalby state agencies, the State of Ohio's Department ofDevelopment will provide $400,000 for roadwayinfrastructure, $200,000 for water and sewerimprovements, and $62,500 for job training foremployees. The City of Dayton and the MontgomeryCounty ED/GE program have approved $300,000 each forroadway and infrastructure improvements. Constructionis expected to start late this month.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
