{"id":1004070028,"date":"2013-04-07T22:00:00","date_gmt":"2013-04-08T06:00:00","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=114741"},"modified":"2020-05-08T00:42:42","modified_gmt":"2020-05-08T08:42:42","slug":"peco-to-buy-dayton-facility-bring-250-jobs-to-the-city","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/peco-to-buy-dayton-facility-bring-250-jobs-to-the-city\/","title":{"rendered":"PECo to Buy Dayton Facility, Bring 250 Jobs to the City"},"content":{"rendered":"<p style=\"text-align: justify\"><em>By Adrian Maties, Associate Editor<\/em><\/p>\n<p style=\"text-align: justify\">The Process Equipment Co. <a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/04\/525242_10150280118359956_1707517757_n.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-114742\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/04\/525242_10150280118359956_1707517757_n.jpg\" alt=\"\" width=\"300\" height=\"193\" \/><\/a>(\u201cPECo\u201d) has announced plans to purchase a 425,000-square-foot manufacturing facility at 2333 McCall St., near downtown Dayton. The acquisition is part of the Tipp City-based company\u2019s plan to consolidate and expand its local operations.<\/p>\n<p style=\"text-align: justify\">The building is located on 30 acres in the Westview Industrial Park. The Dayton City Commission approved the sale on April 3. According to <a href=\"https:\/\/www.wdtn.com\" rel=\"nofollow\"><em>2NEWS<\/em><\/a>, the old factory was sold for only a dollar. Some surrounding land was also sold for $600,000. But the sale is not final. In the next three months, PECo will inspect the building. The company can cancel the deal if it considers repair costs to be too high.<\/p>\n<p style=\"text-align: justify\">The manufacturer of large precision-machined and fabricated components said the consolidation is contemplated to occur in three phases and could require as much as $10 million to be invested  in relocation renovations, including the installation of power and HVAC systems. It expects the consolidation to be completed by the end of 2014.<\/p>\n<p style=\"text-align: justify\">Right now, PECo has four facilities in the Tipp City and Huber Heights areas and 181 employees. The new building will allow the company to consolidate all of its employees in one location<em> <\/em>while doubling its capacity to meet the growing demand for its manufacturing products and services. The contract includes a $750,000 Ohio Job Ready Sites Grant and a commitment by PECo to employ no less than 200 employees at the new building. Over the next five years, the company expects to hire an additional 250 employees. In 2013, PECo was recognized as a \u201cTop Workplace\u201d by the <a href=\"https:\/\/www.daytondailynews.com\/\" rel=\"nofollow\"><em>Dayton Daily News<\/em><\/a> and <a href=\"https:\/\/www.springfieldnewssun.com\/\" rel=\"nofollow\"><em>Springfield News-Sun<\/em><\/a><em>. <\/em><\/p>\n<p style=\"text-align: justify\">Albert Naggar, PECo\u2019s owner, said in a statement for the press that \u201cwe are excited to serve as a driver of economic growth in our community. We have confidence in the growth of our business. Dayton\u2019s Westview Industrial Park is the most appealing location for PECo\u2019s consolidation because of the economic partnership that the city of Dayton has fostered with PECo.\u201d Dayton\u2019s mayor, Gary Leitzell, added that he is \u201cthrilled to have PECo bring its world-class engineering and manufacturing to Westview Industrial Park.\u201d<\/p>\n<p style=\"text-align: justify\">Photo credits: <a href=\"https:\/\/www.cityofdayton.org\/\">The City of Dayton<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Process Equipment Company (&ldquo;PECo&rdquo;) has announced on April 1 its plans to purchase a 425,000 square foot manufacturing facility at 2333 McCall Street, near downtown Dayton. The acquisition is part of the Tipp City-based company&rsquo;s plan to consolidate and expand its local operations.<\/p>\n","protected":false},"author":925,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1583,21742],"tags":[39420,1815],"class_list":["post-1004070028","post","type-post","status-publish","format-standard","hentry","category-cincinnati","category-latest","tag-cincinnati","tag-national"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>PECo to Buy Dayton Facility, Bring 250 Jobs to the City - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/peco-to-buy-dayton-facility-bring-250-jobs-to-the-city\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PECo to Buy Dayton Facility, Bring 250 Jobs to the City\" \/>\n<meta property=\"og:description\" content=\"The Process Equipment Company (&ldquo;PECo&rdquo;) has announced on April 1 its plans to purchase a 425,000 square foot manufacturing facility at 2333 McCall Street, near downtown Dayton. The acquisition is part of the Tipp City-based company&rsquo;s plan to consolidate and expand its local operations.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/peco-to-buy-dayton-facility-bring-250-jobs-to-the-city\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2013-04-08T06:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-05-08T08:42:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/04\/525242_10150280118359956_1707517757_n.jpg\" \/>\n<meta name=\"author\" content=\"Adrian Maties\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/peco-to-buy-dayton-facility-bring-250-jobs-to-the-city\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/peco-to-buy-dayton-facility-bring-250-jobs-to-the-city\\\/\"},\"author\":{\"name\":\"Adrian Maties\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/6dfc8d1c9006c9fd1c89d69133130109\"},\"headline\":\"PECo to Buy Dayton Facility, Bring 250 Jobs to the City\",\"datePublished\":\"2013-04-08T06:00:00+00:00\",\"dateModified\":\"2020-05-08T08:42:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/peco-to-buy-dayton-facility-bring-250-jobs-to-the-city\\\/\"},\"wordCount\":366,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/peco-to-buy-dayton-facility-bring-250-jobs-to-the-city\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2013\\\/04\\\/525242_10150280118359956_1707517757_n.jpg\",\"keywords\":[\"Cincinnati\",\"National\"],\"articleSection\":[\"Cincinnati\",\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/peco-to-buy-dayton-facility-bring-250-jobs-to-the-city\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/peco-to-buy-dayton-facility-bring-250-jobs-to-the-city\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/peco-to-buy-dayton-facility-bring-250-jobs-to-the-city\\\/\",\"name\":\"PECo to Buy Dayton Facility, Bring 250 Jobs to the City - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/peco-to-buy-dayton-facility-bring-250-jobs-to-the-city\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/peco-to-buy-dayton-facility-bring-250-jobs-to-the-city\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2013\\\/04\\\/525242_10150280118359956_1707517757_n.jpg\",\"datePublished\":\"2013-04-08T06:00:00+00:00\",\"dateModified\":\"2020-05-08T08:42:42+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/6dfc8d1c9006c9fd1c89d69133130109\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/peco-to-buy-dayton-facility-bring-250-jobs-to-the-city\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/peco-to-buy-dayton-facility-bring-250-jobs-to-the-city\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/peco-to-buy-dayton-facility-bring-250-jobs-to-the-city\\\/#primaryimage\",\"url\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2013\\\/04\\\/525242_10150280118359956_1707517757_n.jpg\",\"contentUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2013\\\/04\\\/525242_10150280118359956_1707517757_n.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/peco-to-buy-dayton-facility-bring-250-jobs-to-the-city\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"PECo to Buy Dayton Facility, Bring 250 Jobs to the City\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/6dfc8d1c9006c9fd1c89d69133130109\",\"name\":\"Adrian Maties\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/5d44b73a0d511e855d0ea5f29d28e7d8527c86a0c6c0f67be8f2e9642a9d9e8d?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/5d44b73a0d511e855d0ea5f29d28e7d8527c86a0c6c0f67be8f2e9642a9d9e8d?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/5d44b73a0d511e855d0ea5f29d28e7d8527c86a0c6c0f67be8f2e9642a9d9e8d?s=96&d=mm&r=g\",\"caption\":\"Adrian Maties\"},\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/author\\\/adrianmaties\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"PECo to Buy Dayton Facility, Bring 250 Jobs to the City - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/peco-to-buy-dayton-facility-bring-250-jobs-to-the-city\/","og_locale":"en_US","og_type":"article","og_title":"PECo to Buy Dayton Facility, Bring 250 Jobs to the City","og_description":"The Process Equipment Company (&ldquo;PECo&rdquo;) has announced on April 1 its plans to purchase a 425,000 square foot manufacturing facility at 2333 McCall Street, near downtown Dayton. The acquisition is part of the Tipp City-based company&rsquo;s plan to consolidate and expand its local operations.","og_url":"https:\/\/www.commercialsearch.com\/news\/peco-to-buy-dayton-facility-bring-250-jobs-to-the-city\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2013-04-08T06:00:00+00:00","article_modified_time":"2020-05-08T08:42:42+00:00","og_image":[{"url":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/04\/525242_10150280118359956_1707517757_n.jpg","type":"","width":"","height":""}],"author":"Adrian Maties","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.commercialsearch.com\/news\/peco-to-buy-dayton-facility-bring-250-jobs-to-the-city\/#article","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/peco-to-buy-dayton-facility-bring-250-jobs-to-the-city\/"},"author":{"name":"Adrian Maties","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/6dfc8d1c9006c9fd1c89d69133130109"},"headline":"PECo to Buy Dayton Facility, Bring 250 Jobs to the City","datePublished":"2013-04-08T06:00:00+00:00","dateModified":"2020-05-08T08:42:42+00:00","mainEntityOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/peco-to-buy-dayton-facility-bring-250-jobs-to-the-city\/"},"wordCount":366,"commentCount":0,"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/peco-to-buy-dayton-facility-bring-250-jobs-to-the-city\/#primaryimage"},"thumbnailUrl":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/04\/525242_10150280118359956_1707517757_n.jpg","keywords":["Cincinnati","National"],"articleSection":["Cincinnati","News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.commercialsearch.com\/news\/peco-to-buy-dayton-facility-bring-250-jobs-to-the-city\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/peco-to-buy-dayton-facility-bring-250-jobs-to-the-city\/","url":"https:\/\/www.commercialsearch.com\/news\/peco-to-buy-dayton-facility-bring-250-jobs-to-the-city\/","name":"PECo to Buy Dayton Facility, Bring 250 Jobs to the City - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/peco-to-buy-dayton-facility-bring-250-jobs-to-the-city\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/peco-to-buy-dayton-facility-bring-250-jobs-to-the-city\/#primaryimage"},"thumbnailUrl":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/04\/525242_10150280118359956_1707517757_n.jpg","datePublished":"2013-04-08T06:00:00+00:00","dateModified":"2020-05-08T08:42:42+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/6dfc8d1c9006c9fd1c89d69133130109"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/peco-to-buy-dayton-facility-bring-250-jobs-to-the-city\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/peco-to-buy-dayton-facility-bring-250-jobs-to-the-city\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/peco-to-buy-dayton-facility-bring-250-jobs-to-the-city\/#primaryimage","url":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/04\/525242_10150280118359956_1707517757_n.jpg","contentUrl":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/04\/525242_10150280118359956_1707517757_n.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/peco-to-buy-dayton-facility-bring-250-jobs-to-the-city\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"PECo to Buy Dayton Facility, Bring 250 Jobs to the City"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/6dfc8d1c9006c9fd1c89d69133130109","name":"Adrian Maties","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/5d44b73a0d511e855d0ea5f29d28e7d8527c86a0c6c0f67be8f2e9642a9d9e8d?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/5d44b73a0d511e855d0ea5f29d28e7d8527c86a0c6c0f67be8f2e9642a9d9e8d?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/5d44b73a0d511e855d0ea5f29d28e7d8527c86a0c6c0f67be8f2e9642a9d9e8d?s=96&d=mm&r=g","caption":"Adrian Maties"},"url":"https:\/\/www.commercialsearch.com\/news\/author\/adrianmaties\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004070028","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/925"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004070028"}],"version-history":[{"count":2,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004070028\/revisions"}],"predecessor-version":[{"id":1004432164,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004070028\/revisions\/1004432164"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004070028"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004070028"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004070028"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}