A ribbon-cutting ceremony was held at a new industrial park in the Northern Miami Valley.
Agracel, Inc. has built a 50,000-square-foot speculative industrial complex at the SiteOhio Authenticated Growing Acres Industrial Park in Celina, Ohio, representing a substantial addition to the region’s industrial environment.
The ribbon-cutting event was held on August 21, to commemorate the site’s potential to attract innovative manufacturing and other companies.
The Mercer County site is intended to address the significant demand for industrial buildings in the area, which is fueled by the concentration of manufacturing activities.
The facility, which can be expanded up to 300,000 square feet, wants to attract companies from the automotive, aerospace and military, food processing, and logistics and distribution industries.
“The demand for speculative development is high due to the void of industrial buildings and the high concentration of manufacturing in the area,” stated Agracel, Inc. Regional Director Jason Kester. According to Mercer County Economic Development Director Jared Ebbing, “The Ribbon Cutting was a great milestone, and now we’re focused on filling this wonderful space with a great company.”
The project was a collaboration between Agracel, Mercer County, JobsOhio, and the Dayton Development Coalition, with funding from the Ohio Department of Development’s Rural Industrial Park Loan Program (RIPL).
J.P. Nauseef, President and CEO of JobsOhio, stressed the facility’s significance, saying, “This speculative building further closes an inventory gap while providing a highly attractive site for future investment and job creation.”
The Ohio Site Inventory Program (OSIP) grant was accepted to fund the development, with the goal of filling gaps in Ohio’s real estate inventory and increasing competitiveness for site selection initiatives.
Julie Sullivan, Dayton Development Coalition Executive Vice President of Regional Development, emphasized the strategic importance of move-in-ready facilities in retaining the Dayton Region’s competitive edge on a national scale.
The ribbon-cutting ceremony included tours of the building and appearances by key players such as Representative Angela King and JobsOhio Vice President of Sites and Infrastructure Terry Slaybaugh.
The completion of the new industrial facility at Growing Acres Industrial Park marks a potential opportunity for regional economic growth, with local authorities hopeful that it will attract new industries and create jobs.
