The Clermont County Land Bank announces a major boost to the local economy with the successful sale of its inaugural property in Batavia Township. ProCoat Painting Inc., a leading provider of specialized coatings, has acquired the vacant parcel situated on Grissom Drive within the Clermont County Airport Industrial Park, marking a pivotal moment in the region's development.
ProCoat Painting Inc. plans to construct a cutting-edge facility on the site, following the execution of a development agreement with the Clermont Land Bank. The agreement mandates a minimum 10,000 square foot building, signaling ProCoat's commitment to innovation and expansion in Clermont County.
Previously generating no tax revenue, the vacant property will now be transformed into a thriving hub for ProCoat Painting Inc.'s operations, injecting vitality into the local business landscape. The company anticipates investing $1 million in land acquisition and building construction costs.
Renowned for its expertise in applying intricate coating systems across various industries including manufacturing, industrial, and amusement parks, ProCoat Painting Inc. boasts a diverse portfolio of national projects, ranging from roller coasters to tanks and bridges.
Steve Hickey, President of ProCoat Painting Inc., expressed gratitude for the collaborative efforts between the company and the Clermont Land Bank, praising the seamless process facilitated by the Clermont County Community & Economic Development Department. Hickey remarked, "We were thrilled to partner with the Clermont Land Bank on this property acquisition and be able to keep our business in Clermont County. The industrial zoning in the Airport Industrial Park is a perfect fit for our business, and the property allows us to construct a facility that better meets our needs."
The establishment of the Clermont County Land Bank underscores the region's commitment to revitalizing distressed properties, enhancing safety, and improving the overall quality of life for residents. As a non-profit entity incorporated with the Ohio Secretary of State, the Land Bank strategically acquires vacant and distressed properties, breathing new life into communities through restoration and repurposing efforts.
Led by a 5-member Board of Directors, including County Treasurer Jeannie Zurmehly (Chair), Commissioner David Painter (Vice Chair), Commissioner Bonnie Batchler, Jeff Baumgarth (representing townships), and Michael Doss (representing municipalities), the Clermont County Land Bank remains steadfast in its mission to drive positive, sustainable change across the region.
ProCoat Painting Inc. website: Procoat Painting
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