DELPHOS — Allen County Commissioners approved the use of $233,410 of state funds to pay for roughly a third of a roadway and utility extension of Colleta Way in order to would increase the marketability of 30 acres of industrial land in Delphos and give Hydrofresh HPP better traffic flow to their facility on Gressel Drive.
Originally allocated to the county by the Ohio Development Services Agency, the funds will be granted to the $668,000 project in order to spur economic development.
“Extending this road to the north will enable the surrounding vacant properties to be more marketable for industry coming into Delphos,” Cynthia Leis, Allen Economic Development Group director of business development, said.
Other local sources of funding is the City of Delphos, which approved spending $100,000 on the project, and the Community Improvement Corporation of Delphos, which gave $20,000. The rest of the project’s funding is to be provided by JobsOhio and the Ohio Department of Transportation’s jobs and commerce division.
To qualify the project for public funds, Leis said Hydrofresh is committed to providing at least 25 full-time jobs and $2 million in capital investment. In addition, Leis expects the expanded road to help property owners with space in Delphos’s industrial park better find occupants.
Hydrofresh, a company specializing in pasteurization, began production in April 2018. Within three years, the company looks to hire up to 55 employees to be able to process 60 million pounds of products annually.
Prior to Hydrofresh investing $10 million into the Delphos facility to transform it into a high-pressure pasteurization plant, the building at 1571 Gressel Drive housed Diversified Warehouse Solutions.
Roadway construction is scheduled to begin this year.
Reach Josh Ellerbrock at 567-242-0398.