MAUMEE VALLEY PLANNING ASSISTING WITH EXPANSIONS

posted by Defiance Newsroom -

The Maumee Valley Planning Organization is working with a couple of local companies on revolving loans to help facilitate expansions.  5-Acre Mill in Hicksville will receive $200,000 for an 8,000 square foot addition to their plant.   The expansion will include the addition of 11 employees to their staff of 18.   5-Acre Mill is a manufacturer of hardwood trim components.

And in Fulton County, Commissioners approved a loan of $125,000 for MCS Manufacturing near Lyons.  Their expansion will include a 10,000 square foot addition, and the hiring of 6 employees to add to their staff of 10.  MCS makes auto components that are part of the production at Tenneco Automotive of Napoleon.

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