Steel manufacturer plans Dayton area expansion, doubling its local workforce

Epix Tube Company, a steel manufacturer headquartered in Trotwood, “is planning to grow its Dayton-area operations with the purchase of a new facility,” an expansion that would add 60 to 75 new full-time jobs within the next five years, the Dayton Business Journal reports. Epix is looking to acquire a 278,000-square-foot facility on Marion Street in southwest Dayton; the company plans to perform upgrades to the site and purchase new equipment and machinery. The City of Dayton has “extended a $150,000 development grant” for the project and has requested $250,000 in Montgomery County Economic Development/Government Equity grant funding to help defray the cost of expansion. The new positions created by the expansion will generate between $2.9 million and $3.6 million in annual payroll. For more, read the full article.

Economic Development, Financial Incentives, State Updates