from the runway
PORT AUTHORITY, AIRBORNE, LGSTX EXPANDING RELATIONSHIPS
(WILMINGTON, OHIO) Around the country, aircraft are being temporarily parked as demand for passenger air travel decreases. The Wilmington Air Park, as a facility that can accommodate large aircraft arrivals and departures, is able to offer temporary space for parking of those aircraft.
RELEASE - Air Park Receives FY20 ODOT Grant Award Notice(WILMINGTON, OHIO) The Clinton County Port Authority (Port Authority) received a Notice of Project Approval (NPA) indicating that it has successfully secured grant funds from the Ohio Department of Transportation (ODOT) FY2020 Ohio Airport Grant Program. These funds will be leveraged with Port Authority funds to complete repairs of concrete infrastructure on Taxiway A and Taxiway C, as well as replace lighted signs along Runway 22R/4L.
OEDA Awards - Best Project - Clinton County Port Authority Final (R)WILMINGTON, OH, OCTOBER 14, 2019: The Ohio Economic Development Association (OEDA) presented its Annual Excellence Awards at its 2019 Annual Summit, held at the Embassy Suites Columbus-Dublin.
WILMINGTON INCLUDED IN TOP MICROPOLITANS
(Wilmington, Ohio) Clinton County was recently recognized as one of the “Top 100 Micropolitans” in the U.S., according to a ranking by Site Selection magazine. This trade publication annually ranks states and regions on their success in securing projects that result in new investment and job creation opportunities.
Economic Development and Workforce Leaders Meet with Dayton Development Coalition
PORT AUTHORITY HOSTS REGIONAL MEETING (WILMINGTON, OHIO) The Clinton County Port Authority (Port Authority) hosted the first quarterly meeting for the Dayton Development Coalition’s (DDC) region, bringing together Economic Development leaders from the 14-county region. Joining them were representatives from several of the region’s Workforce Development offices, colleges, and other workforce development professionals.
WILMINGTON AIR PARK CERTIFIED PART 139 BY FAAWILMINGTON, OH – APRIL 17, 2018 – The Wilmington Air Park has once again earned its Federal Aviation Administration (FAA) Part 139 Certification, affirming that the airport facilities, infrastructure, staffing, and operations protocols are on par with other large airports around the country.
Wilmington Air Park poised for redevelopmentA $3.7 million construction project for a new complex at a Clinton County air park is being proposed as part of a multi-phase initiative to redevelop the area for present and future use.
Richard Thompson Retires from the Clinton County Port Authority Board; John Settlemyre, Brian Smith AppointedThe September 14, 2017, meeting of the Clinton County Port Authority Board of Directors saw the end of an era, with the retirement of Richard Thompson from the Board. Thompson was appointed to the Port Authority Board in 2004, when the Port Authority was formed by the Clinton County Board of Commissioners.
Wilmington Air Park Certified Part 139 by FAAWILMINGTON, OH – MAY 12, 2017 – The Wilmington Air Park has once again earned its Federal Aviation Administration (FAA) Part 139 Certification, recognizing that the airport facilities, staffing, operations and infrastructure are on par with other large airports around the country.
The University of Akron and Airborne Project on Pathway to FAA CertificationThe Wilmington Air Park is proud to be the home of a partnership to add value and safety to the aviation industry through applied technology. Air Park tenant Airborne Maintenance and Engineering Services, along with the University of Akron, welcomed several guests for the ribbon cutting on its new Supersonic Particle Deposition Booth. The process employs a supersonic jet of an expanded gas containing metal particles to bond with a solid surface on impact. It is part of a pilot program funded by the State of Ohio and including partners NCERCAMP (University of Akron), SAFE Engineering, US Technology Corporation and Airborne Maintenance and Engineering Services.
WILMINGTON AIR PARK WELCOMES NEW TENANT - Schuerger Law Offices to operate Call CenterWILMINGTON, OH – FEBRUARY 22, 2017 – The Wilmington Air Park recently added another new tenant, bringing a new employer and new job opportunities to the community. The Law Offices of Robert A. Schuerger Co., LPA has leased 4,400 square feet of office space in the Air Park’s Administration Building. The space will house both legal services and a call center operation for the law firm. The lease term is approximately five years, with a five-year renewal option.
Wilmington Air Park Now Certified at Cat IIIWilmington, Ohio – October 4, 2016 – The most recent runway in the United States to be Certified by the Federal Aviation Administration (FAA) as Category III is located at the Wilmington Air Park. The Clinton County Port Authority and LGSTX Services, Inc. received word from the FAA that the Instrument Landing System (ILS) on Runway 22R has been officially certified at Category III/E/3.
Clinton County Receives Brownfields GrantWilmington, Ohio – May 20, 2016 – The Clinton County Port Authority and the Clinton County Regional Planning Commission received word this week that the Port Authority has received a $200,000 Brownfields Assessment Grant from the US Environmental Protection Agency (US EPA).
FAA Authorization Propels UC's UAV Work Skyward
The high-flying endeavors in unmanned aerial vehicle testing and research at the University of Cincinnati just got a new lift from the Federal Aviation Administration. This week the FAA granted UC's Department of Aerospace Engineering and Engineering Mechanics and Department of Mechanical and Materials Engineering certificates of authorization (COA) to test five types of UAVs, or drones, in Wilmington Air Park, less than an hour's drive from campus. Permission to also fly with the West Virginia Division of Forestry is still pending.
Site Selection Names Wilmington Ohio in Top Ten U.S. MicropolitansSite Selection Magazine recently announced the awards given to this years top Metropolitans and Micropolitans in the U.S. In the magazines ranking of Top Micropolitans cities of 10,000 to 50,000 people Wilmington, Ohio was named number on the Micropolitan list.
Air Cargo Hub & Air Park Relocation Incentives
Loans and Incentive Programs
The State of Ohio and Clinton County offer incentives, grants and loans programs which fit the needs of both current and prospective businesses. Wilmington Air Park staff works with organizations to customizie incentive programs that best fit each business.
State of Ohio Loans
The Research and Development Investment Loan Fund provides loan financing between $500,000 and $5 million for projects primarily engaging in research and development activity. Rates are fixed (at or below market rates) with other loan terms similar to those of commercial bank financing. Companies receive a dollar-for-dollar, non- refundable Ohio commercial activity tax credit for principal and interest payments made during the year up to $150,000 during the loan term.
The Ohio Enterprise Bond Fund provides revenue bond financing through an S&P rated fund, whereby proceeds from the sale of bonds are loaned to companies for fixed rate, long-term capital asset financing. Rates are market-driven and fixed prior to funding. Loan terms range between seven to 10 years for equipment and 15 to 20 years for real estate. Up to $10 million in financing is available through the program.
The 166 Direct Low Interest Loan provides loans for land and building acquisition, construction, expansion, or renovation, and equipment purchases for eligible businesses. The program provides low- interest loans up to $1.5 million.
State of Ohio Grants
Economic Development Grants can be used for the acquisition of machinery and equipment, new building construction, building acquisition, on- or off-site infrastructure improvements, and other fixed asset investments. Funds are available for manufacturing, research and development, high technology, corporate headquarters, and distribution projects. Given the demand for limited grant funds, qualified projects must involve substantial job creation or retention.
Roadwork Development (629) grant funds are available for public roadway improvements, including engineering and design costs. Funds are available for projects primarily involving manufacturing, research and development, high technology, corporate headquarters, and distribution activity. Projects must typically create or retain jobs. Grants are usually provided to a local jurisdiction and require local participation.
State of Ohio Tax Credits
The Job Creation Tax Credit is a refundable tax credit to companies generally creating at least 10 new jobs (within three years) with a minimum annual payroll of $660,000 that pay at least 150 percent of the federal minimum wage. The tax credit is measured as a percentage of the state income tax withholdings for all new employees hired under the program, and is applied toward the company’s commercial activity tax liability. Should the amount of the credit exceed the company’s commercial activity tax liability for any given year, the difference is refunded. A business must apply for the credit before committing to the project. Applicants must be approved through the Ohio Tax Credit Authority before hiring begins.
The Job Retention Tax Credit is a non-refundable tax credit to companies retaining at least 500 full-time jobs in Ohio. Companies must also commit to a fixed-asset investment of $50 million for manufacturing and $20 million for corporate and professional services. The credit is measured as a percentage of the state income tax withholdings for all employees retained under the program. The tax credit rates for approved projects can be up to 75 percent for 15 years. A business must be approved for the credit by the Ohio Tax Credit Authority before committing to the project.
The Research and Development Investment Tax Credit provides a non-refundable tax credit up to seven percent for qualified research and development expenses. Qualifying expenses fit into two categories: in-house research expenses and contracted research expenses. Any unused portion of a tax credit may be carried forward for up to seven years.
** State training programs are currently being revised. New programs will be available in the upcoming months.
For additional information visit: www.development.ohio.gov/business
Clinton County Port Authority and Local Incentives
- Land cost write down or free land – Critical to site selection
- Sales Tax abatement on Construction Materials for Clinton County Port Authority owned Structures
- Tax abatements
- SBA designated HUB Zone
- Eligible designated areas for New Market Tax Credits
- Wilmington Air Park has a Foreign Trade Zone
- Wilmington Air Park is located in an Enterprise Zone
- Discounted Rent on the Wilmington Air Park by the Clinton County Port Authority
- Free usage of temporary office space at the Wilmington Air Park during start up
- Utility rate incentives (Subject to usage)
- Federally funded On-The-Job Training Grant Progra