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State Senator Bill Beagle...
$10 Million to be
released for Workforce Expansion
Wright-Patterson to benefit from latest investment
COLUMBUS — The State Controlling Board today announced that a total of
$10 million will be released over the next two years to help bolster
ongoing job creation and commercialization efforts at Wright-Patterson
Air Force Base (WPAFB) and Springfield Air National Guard Base
(SANG). In addition, the Wright State Applied Research
Corporation has agreed to provide roughly $900,000 in matching funds
for both fiscal year 2012 and 2013.
State Senator Bill Beagle (R – Tipp City) expressed what this latest
investment means for Southwest Ohio.
“It has long been a priority to one day turn the Dayton region into the
nation’s epicenter for aeronautics and aerospace systems,” Beagle said.
“These workforce dollars should bring us a few steps closer toward
achieving that goal. Our part of the state continues to be a
highly-desired place for aircraft research and production and we must
continue our work to keep it that way for decades to come.”
The funds will also help in increasing the military value of both
airbases and the NASA Glenn Research Center in order to prepare for
possible base realignments that may occur in the future. Aside from
planned regional activity, the funding stream is expected to play a
part in stimulating future technology development at research sites
throughout Ohio.
Prior to receiving approval from the Ohio Controlling Board, the
project garnered endorsement on behalf of the Development Financing
Advisory Council (DFAC).
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