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Dayton council to consider DCDC grant for plant

We have reported on a European based company called Oleon Americas planning to locate a chemical manufacturing plant in the city of Dayton. The company has applied for a $200,000 Dayton Community Development Grant. Dayton City Manager Theo Melancon said, as with any DCDC Grant, the company must meet certain requirements to maintain eligibility for the funds. Oleon plans to locate their North American headquarters in Dayton for manufacturing chemicals used in the production of lubricants, solvents and bio-plastics.  Dayton City Manager Theo Melancon said Oleon is the first of several companies interested in building a manufacturing facility inside the Gulf Inland Logistics Park on Hw 146. If Dayton Council approves the economic development grant the $200,000 would be paid out in stages over three years providing the company meets a required number of employees each year. Dayton City Manager Theo Melancon said if all goes as planned, Oleon will begin construction by 2020. Dayton City Council is expected to hold a public hearing, then, take a final vote on the DCDC Grant to Oleon Americas at their December 17th city council meeting. 

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