Dayton manufacturer’s $3M expansion includes PACE financing

Tomco Machining, a producer of tubular assemblies for commercial and military clients, is “on track to finalize a nearly $3 million project by mid-May,” which will enable them to expand their workforce, the Dayton Business Journal reports. The company’s new 24,000 square-foot building “will be about 70% larger” than its existing facility, which had no space to add new equipment, owner Jim Tomasiak said in the article. The Dayton-Montgomery County Port Authority authorized “a little under $1 million” in Property Assessed Clean Energy (PACE) financing for the project, which “incorporates several energy-efficient design elements, including high-efficiency insulation, HVAC, efficient lighting and solar panels.” For more, read the full article.

Energy Efficiency, Project Finance