Last week, the State Controlling Board approved a $100,000 roadwork development grant to Mercer County to assist in necessary upgrades to Vine Street in the Village of Coldwater. The grant will be used to support an expansion of Basic Grain Products, Inc. The company currently has 150 employees and plans to create an additional 40 new jobs through the expansion.
Basic Grain is planning a multi-million dollar investment to expand its existing facility in Coldwater. In addition, Mercer County will help to fund the additional costs of the public roadway improvements project, while the Ohio Department of Development has committed to providing additional grants and tax credits to the company.
I am please that through the cooperation of state and local governments, Basic Grain has decided to expand and create jobs right here in Mercer County.
