Press Room >> 2009 Press Releases

For Immediate Release
February 9, 2009 

GOVERNOR, LT. GOVERNOR ANNOUNCE GRANT TO STAR DYNAMICS CORPORATION
Project Invigorate Regional Economies, Generate Jobs for Ohioans 

COLUMBUS – Ohio Governor Ted Strickland and Lieutenant Governor Lee Fisher today announced that a $100,000 Rapid Outreach Grant has been awarded to STAR Dynamics Corporation to aid in the growth of the business and the creation and retention of jobs in Ohio. The grant, administered by the Ohio Department of Development, was approved today by the State Controlling Board and could create 37 positions and retain 54 jobs for Ohioans. 

“The aerospace and defense industry leverages unique synergies by combining Ohio’s manufacturing expertise with our state’s high-tech strengths” said Lt. Governor Fisher, who also serves as Director of the Ohio Department of Development. “Building on these core strengths makes businesses more competitive and creates prosperity and opportunity for Ohioans.”

STAR Dynamics Corporation will receive a $100,000 Rapid Outreach Grant for the costs associated with the purchase of machinery and equipment at the company’s planned facility in the City of Hilliard (Franklin County). STAR Dynamics is a supplier of sophisticated high-performance radar systems, offering extremely precise measurements of radar signatures and metrics for national defense and government applications. This nearly $3 million project is expected to create 37 positions and retain 54 jobs.

Working with our partners across business, state and local governments, academia, and the non-profit sector, the Ohio Department of Development works to attract, create, grow, and retain businesses through competitive incentives and targeted investments. Engaged every day in marketing, innovating, investing, and collaborating, the Ohio Department of Development works at the speed of business to accelerate and support the teamwork that is absolutely necessary for success by providing financial, informational, and technical assistance to those making an investment in Ohio’s future.

The Rapid Outreach Grant (412) is a grant program to assist companies and communities that are creating or retaining jobs in Ohio. 

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Media contacts: Robert Grevey at (614) 466-6619 or
the Communications and Marketing Office at (614) 466-2609