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Old December 10th, 2007, 03:09 PM   #1181
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Sandusky County: Fisher & Paykel and KF Ventures Development

New investment being placed in Sandusky Co.
Posted on Toledo Business Journal website 12-2007 Edition


Fisher & Paykel and KF Ventures initiate new projects

The expansion of two businesses in Sandusky County is resulting in new investment and new jobs for the region. One project involves a company that was originally attracted to Sandusky from overseas, and the other project involves a long-established local company that is providing an opportunity for future growth in the area.

Fisher & Paykel Laundry Manufacturing, Inc. (F&P)
Fisher & Paykel Laundry Manufacturing, Inc. (F&P), an Australia-based firm, began an expansion in October at its Clyde manufacturing plant. The project has an estimated investment of more than $1 million and is expected to create several additional full-time jobs at the facility. According to the company, the project will increase the size of the facility from 105,000 square feet to 135,000 square feet and be completed by the end of February.

The F&P plant was established in Clyde approximately two years ago. The original $30.7 million project included the relocation of the company’s Australian manufacturing plant to the new northwest Ohio facility, which was the company’s first manufacturing operation in the United States. According to Kay Reiter, executive director of the Sandusky County Economic Development Corporation, Fisher & Paykel was also the first Australia-based firm to relocate to the state of Ohio.

The company manufactures its products for the US market at the Clyde facility. The plant has been set up to be a contract manufacturer of both washers and motors for washers.

F&P leased the 105,000 square foot facility, which is owned by a key Sandusky County developer, Tom Kern. According to Michael Jay, economic development director, City of Fremont, Kern and his family own KF Ventures, Ltd.; Style Crest Logistics, Inc.; Poly-Foam International, Inc.; KMH Properties; and several other companies in northwest Ohio.

Kern’s KMH Properties owns the F&P facility and is partnering with Janotta & Herner, Inc., which will serve as general contractor for the current project.

“Tom Kern has made some very large investments in buildings and sites throughout our county that give us availabilities for potential leads that come into our community, such as Fisher & Paykel’s project that came to us in 2005,” Reiter explained. “The work that he has done with his companies has made us stand out as a community when we look at having availabilities for potential leads. I have to give him a lot of credit for the money and the time he has engaged in our county when it comes to the buildings and sites. He’s a strong leader in that area.”

Reiter added that incentives from Sandusky County were a key factor in F&P’s decision to locate in northwest Ohio. She stated, “Because the City of Clyde owns its own electric utility services, it was able to give Fisher & Paykel discounts on the first five years it was in business… To be able to offer that [discount] as part of the incentives package, made a huge difference for them.”

The City of Clyde also committed to providing local support for the project with two electrical transformers through the city’s electrical department.

Sandusky County was in competition with Mexico and a site in the southern United States for the project. “For us to be able to bring home an international company like this to a rural community such as Clyde was a huge success – not just for Sandusky County economic development, but for the City of Clyde… They are very flexible people to work with and very business-like. It has been an excellent addition to our business community.”

As a result of the project two years ago, F&P committed to creating 118 new full-time jobs in Sandusky County within the first three years of the project’s initial operations. The average wage is $14 per hour plus an additional $5.60 per hour in benefits.

According to Bruce Green, F&P operations manager, the company’s decision to expand in Clyde proves that the company is pleased with the location of its Sandusky County plant and that the business is always looking to expand and grow.

“The current expansion is purely for warehousing at this stage,” he explained. “There’s no additional machinery or equipment going in at this stage. We’re expanding the warehouse, which will become a storage facility for raw materials and incoming components. We’re expanding the office, because we have outgrown it. The office will include a boardroom, a slightly larger cafeteria for the staff, and more office / desk space with a couple of extra meeting rooms.”

Green added that the warehouse and factory expansion is needed to accommodate plans to bring a new dryer line into the plant in addition to the initial washer line. Approximately $900,000 of the more than $1 million investment will be used toward the construction of the factory, and about $160,000 will be used for the office expansion.

KF Ventures, Ltd.
Construction has also begun recently on a new Fremont, Ohio warehouse, which is also being developed by Kern, general manager of KF Ventures, Ltd., and his family. KF Ventures is also partnering with Janotta & Herner, Inc., which will serve as general contractor for the project.

KF Ventures, founded in 1995, is a development company that operates in the residential, industrial, and commercial sectors. It has residential subdivisions in Clyde and Fremont, Ohio as well as other commercial and industrial property in the area. The company primarily operates in Huron, Erie, Ottawa, and Sandusky Counties.

KF Ventures’ current 126,000 square foot warehouse project began on Enterprise Street in early October. The company purchased the site several years ago but had not begun developing the property until recently. The company expects construction to exceed a $3 million investment and be completed by early March.

When the property was initially purchased, Kern “was looking at this pad developed at Fremont North Industrial Park along a railroad track and right in front of his corporate headquarters,” Jay stated. “He was going to put a building up there, and he had a prospect on hand. But, for the first time in my 16 years here with the City, there were some political issues that caused the prospect to go away. So, that’s why the project was put on hold. Then the economy flattened out like it has. Now, the opportunity is there for KF Ventures to build the 126,000 square foot facility.”

According to Michelle Bishop, KF Ventures operating manager and Kern’s daughter, the site’s benefits include close vicinity to railroads and the Ohio Turnpike. The facility “can be built out with a rail site,” she explained. “But, we’re not planning to put that in right now.”

State Routes 53, 20 and 6 are also adjacent to the project site.

“The location and the ability to get in and out of the Fremont North Industrial Park for this site is very good,” Jay stated. “Fortunately, our workforce here, like a lot of northwest Ohio communities, is very strong. So, when you put all [the benefits] together, it just made sense for [the site to be chosen]. Plus, [KF Ventures’] business is growing and expanding; they are running out of room in their other facilities. So, it’s good for them that they are putting up another facility to warehouse products, but it’s also good for the community, because it’s another building we have available to market.”

Jay added that KF Ventures is going to build the facility, and Style Crest Logistics will be the initial building tenant. “Years ago, when [KF Ventures] started in the 1990s, they would build spec buildings to try to attract new businesses into our community to either lease or sell the buildings,” he stated. “In the meantime, what made this [method] work for them is [the company’s] warehousing and logistics business. So, the building is not just sitting there empty; they use it as we try to promote the building and sell or lease it to prospects. Some communities might put up a spec building that just sits there vacant with no revenues being generated to help pay for it. Well, the magic formula that Tom Kern has worked out over the years is to use that building for warehousing, distribution, and logistics to help pay for it until we find a prospect that can use the building.”
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Old December 10th, 2007, 07:51 PM   #1182
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UT Sports Complex Development

Groundbreaking celebration for new athletics complex, Savage Hall renovation project
By Paul Helgren Posted on UT website Dec 10, 2007




The Center Court Celebration commemorating the beginning of construction of a new athletic complex and renovations to John F. Savage Hall will take place Wednesday, Dec. 12, at 10 a.m. in Savage Hall on Main Campus.

UT President Lloyd Jacobs, Athletic Director Mike O’Brien, donors Chuck and Jackie Sullivan, and Rocket student-athletes will lead the countdown to the kickoff of Savage Hall construction.

Plans for the project, which were designed by architectural firms SSOE Inc. and Ellerbe Becket, include a new seating configuration in the arena, improved fan amenities, new locker rooms and offices, new suites and loges, a new video scoreboard and sound system, as well as a beautiful new glass atrium lobby to be built on the west side of Savage Hall. The second phase of the project will include an indoor practice facility located between Savage Hall and the UT Track.

Savage Hall, formerly Centennial Hall, opened in 1976. In July 1988, The University of Toledo Board of Trustees voted to rename the building John F. Savage Hall. Savage, a 1952 UT graduate, was instrumental in the campaign to raise funds for the arena, as well as the Glass Bowl Renovation Project. He died in 1993.

“The Savage Hall renovation is going to be a tremendous shot in the arm for our program,” said Head Men’s Basketball Coach Stan Joplin. “It should move our basketball arena into the upper echelon of facilities in the Midwest and really be a big boost for our recruiting efforts.”

“The renovation means that our facilities won’t take a backseat to any one in our conference or around the Midwest,” said Head Women’s Basketball Coach Mark Ehlen. “It will certainly help our recruiting efforts, as well as our ability to get the most out of our student-athletes. I know our fans will love it, as well.”

“I’m very excited about the Savage Hall renovation and what it means for the University, Athletic Department and our program,” said Head Women’s Volleyball Coach Kent Miller. “We’ll now be playing in one of the premier facilities in our conference and the Midwest. This renovation moves Savage Hall up to the high standards that our university possesses. Having the chance to compete in a great venue will be a tremendous benefit for our current student-athletes as well as our future recruits.”
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Old December 11th, 2007, 06:20 AM   #1183
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Everything is comming together!

SOUTH TOLEDO -- The City of Toledo moved another step forward on Monday to acquire more than 11 acres of the Southwyck Mall property, reports News 11's Rob Wiercinski.

Toledo City Council's agenda for Tuesday includes discussing the plan to buy the former Dillard's store and a portion of the Southwyck Mall parking lot. Terms were unveiled during a committee meeting on Monday.

Now the big question is: Will council say "yes" or "no" to this proposal? The Finkbeiner administration informed council that an agreement in principle has been reached with developer Larry Dillin for acquiring a portion of the Southwyck Mall property.

If approved by council, the city will buy 11.5 acres for $1 million, and it will use $1.5 million from a revolving loan program for environmental clean-up of the former Dillard's store. Then the city would sell to Dillin Corp.

"Upon completion of the remediation or removal of the asbestos, within 30 days we'll close on the property with Dillin, so then it'll turn over to him, he'll reimburse everything," said Jennifer Johnson, the City of Toledo's real estate manager.

Some council members are wondering why the city needs to play the role of middle man; they worry about tax dollars being at risk.

"But fixing it up and turning around and selling it to another private developer -- if that's the case we should do it for everybody, not just for one person, but we can't do it," Mike Ashford, Toledo City Council president.

According to those supporting the plan, it's all about timing.

"That's the sole reason we got involved in the first place is to try to move the thing forward faster and keep everybody's feet to the fire," said Councilman Mark Sobczak.

Even if this deal moves forward, there are a few more hurdles to clear for the Southwyck overhaul. That includes Larry Dillin coming to terms with the other two mall property owners, and working out a tax increment financing agreement with the Port Authority to pay for acquisition, site prep and demolition work.

The first step is a council vote, set for Tuesday.
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Old December 11th, 2007, 01:47 PM   #1184
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AboutGolf Ltd Tech Development

Deleted due to Toledo Blade's request.
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Old December 11th, 2007, 01:53 PM   #1185
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Southwyck Development Update

Deleted due to Toledo Blade's request.
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Old December 11th, 2007, 01:56 PM   #1186
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Energy-Friendly Plant Development

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Old December 11th, 2007, 01:58 PM   #1187
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Commodore Building Development Update

Deleted due to Toledo Blade's request.
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Old December 12th, 2007, 01:44 PM   #1188
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Southwyck Development Update

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Old December 12th, 2007, 10:44 PM   #1189
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Quote:
Originally Posted by Bonjourtoledo View Post
$7.8M in aid approved for Southwyck
Council OKs plan 10-1; Ashford says it's unwise
By IGNAZIO MESSINA BLADE STAFF WRITER



Toledo City Council last night approved a plan that dedicates $7.8 million in taxpayer money toward developer Larry Dillin's effort to redevelop the nearly empty Southwyck Shopping Center.

The deal includes purchasing the vacant Dillard's store and its parking lot for nearly $1.1 million and selling it to Mr. Dillin for the same price.......
So, what was all the huffing and puffing in the last two weeks on all the television outlets about this "not being a done deal" etc etc...are they that desperate and needy for viewers?
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Old December 13th, 2007, 01:46 PM   #1190
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Originally Posted by cjfjapan View Post
So, what was all the huffing and puffing in the last two weeks on all the television outlets about this "not being a done deal" etc etc...are they that desperate and needy for viewers?
Yeppers.
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Old December 13th, 2007, 01:47 PM   #1191
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Fallen Timbers Development Update

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Old December 14th, 2007, 06:21 AM   #1192
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Monopoly

Yeah well National Amusements has a monopoly on toledo. Why can't we get a AMC or Lowes theater here?! With theater attendance down so much in recent years I would love to see a "new" experience for the movies. Much more about the "experience" so that you feel your $10.50 was well spent.
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Old December 15th, 2007, 07:55 AM   #1193
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^Or better yet, how about a movie theater downtown. Tearing down the Paramount (once one of the largest theaters in the country outside of New York and LA) was one of the biggest mistakes in Toledo history, and that surface lot is the CBD's worst. Man, I'd kill to have been able to go to one movie at the Paramount.

I know the suburban megaplex is king today, but the urban theaters of yesteryear were so much classier. Damn suburbanization. Regardless, movie prices in the Toledo market are amongst the highest in the country, and it's all due to the National Amusements monopoly. Someone else does need to enter the market.

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Old December 17th, 2007, 05:30 AM   #1194
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Yea would be nice to see somethin like Tower City in Cleveland be put in downtown.wish we had the rails to for a rapid transit system as well
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Old December 17th, 2007, 10:45 PM   #1195
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honestly, at this time, Downtown Toledo is in no shape ready for a movie theater. Plus who would go downtown to see a movie. people in perrysburg go to levis commons, people in maumee go to maumee, people in anthony w. go to fallen timbers, people in oregon go to the movie theather at the mall, people in south toledo go to the one in maumee, the people in west toledo go to the one at the mall. honestly no one would go downtown for a movie until the residential population reaches its climax (we are getting there just not yet). I think an IMAX theather downtown/marina district would really draw people down there.

Last edited by ilovetoledo; December 17th, 2007 at 10:46 PM. Reason: Movie Theather in DT
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Old December 18th, 2007, 12:22 AM   #1196
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No one goes to the woodville mall to see a movie.... i bet the sundance gets more patrons in the few months that they are open thenwhat woodville gets all year..... i bet if they went thru with the old idea of showin movies at 5th 3rd field in the warmer months that it would be a sucess....
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Old December 18th, 2007, 12:36 AM   #1197
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I wish National Amusements hadnt run AMC out of the city back in the 90's. *sigh*

How about this snow, ehe?
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Old December 18th, 2007, 09:08 AM   #1198
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No one goes to the woodville mall to see a movie.

That was how it was when I lived in the area. Granted, it's been four years since I've lived in the Toledo area, but I remember Woodville sucking all the way back then. It was as about as dead as Southwyck.

honestly, at this time, Downtown Toledo is in no shape ready for a movie theater.

I think it could handle a theater. If the downtown theater in Maumee works, a theater in downtown Toledo should. Obviously, I didn't mean a BIG theater or megaplex, just a nice one or two-screen place. There's enough population to probably support that. Toledo needs more venues for indie and art films. Downtown would make sense for that, and of course an IMAX theater would be nice too.

i bet if they went thru with the old idea of showin movies at 5th 3rd field in the warmer months that it would be a sucess

Wait, they never did that? I thought that was a great idea for families. Maybe one night a week, you could sit on the grass and take in a movie. Why'd they scrap those plans?

I wish National Amusements hadnt run AMC out of the city back in the 90's.

And that was of course when ticket prices sky-rocketed. Granted, part of that was due to Showcase Maumee in 1997, which was one of the largest theaters in Ohio at the time, but the increase was more than it needed to be to cover the construction costs. Toledo was the first American city I ever payed more than $7.50 to see a movie.

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Old December 18th, 2007, 08:07 PM   #1199
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Yea would be nice to see somethin like Tower City in Cleveland be put in downtown.wish we had the rails to for a rapid transit system as well
Science Technology Corridor is something that would be similar for Toledo.http://tmacog.org/Transportation/Reg...ator_study.htm
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Old December 18th, 2007, 08:09 PM   #1200
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Quote:
Originally Posted by ilovetoledo View Post
honestly, at this time, Downtown Toledo is in no shape ready for a movie theater. Plus who would go downtown to see a movie. people in perrysburg go to levis commons, people in maumee go to maumee, people in anthony w. go to fallen timbers, people in oregon go to the movie theather at the mall, people in south toledo go to the one in maumee, the people in west toledo go to the one at the mall. honestly no one would go downtown for a movie until the residential population reaches its climax (we are getting there just not yet). I think an IMAX theather downtown/marina district would really draw people down there.
Downtown location is more ideal as more of a regional level draw such as convention, baseball field, arena, etc instead of a suburbia/local level. IMAX theatre is the answer and it would be perfect to replace COSi at Portside Marketplace or build it at the Marina District.
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