Southern Ohio Port Authority (SOPA) worked out an agreement to assist in development of two properties – one in Portsmouth and one in Minford.
SOPA partnered with the Scioto County Commissioners international developer Mundanus Group LLC to develop property around the Portsmouth Regional Airport in Minford for the creation of what is slated to be a leading manufacturer of “various polypropylene products centered around logistics and various defense agencies,” a release from the company stated.
SOPA Executive Director Jason Kester explained that the company will be making plastic containers for the department of defense.
“The combination of local companies with our manufacturing technology will provide our clients with superior products in much more efficient time frames,” Dr. Bilal Onal, president of Mundanus Group stated. “The partnerships are also expected to result in greater efficiencies and significantly increase market share.”
Kester explained that the company is already making use of some incubator space in Lucasville at the Scioto County Career and Technical Center (SCCTC), where they have 30-40 employees. This expansion will also include the hiring of up to 120 additional staff members. The move will also free up incubator space for other manufacturing companies.
Kester explained that SOPA has been working on this project for more than a year and are working to further develop the area that he says has the capabilities to house a small industrial park. The area has been designated as an inland port with access to an airport and highway and existing infrastructure with the exception of fiber optics.
This was a first step in the process of the expansion. Kester confirmed that the company is currently working on securing financing – a construction loan – but have started moving dirt on the property.
The new facility will be worth nearly $18 million once completed. It will also house more than $10 million in machinery.
Kester added that the development of the Southern Ohio Veterans Memorial Highway (SOVMH) has been helpful in attracting development.
“I do not think that the SOVMH is going to kill Portsmouth,” Kester commented.
In Portsmouth, SOPA is working with City officials and a developer out of Cleveland for the redevelopment of the former Adelphia building, a City-owned property. The structure is being re-purposed as a retail facility.
“It’s all part of the land bank and to get rid of blighted structures, and they had one of their own,” Kester stated.
He added that the developer will be demolishing part of the building, utilizing part of the existing structure and building an additional part to the structure.
Additionally, Kester added that there is asbestos and mold in the building. SOPA will be assisting with the environmental cleanup and remediation.
Reach Nikki Blankenship at 740-353-3101 ext. 1931.