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Thanks to efforts from professionals like the members of the Barberton Community Development Corporation and our chamber, the Barberton-South Summit area continues to offer an attractive lure for manufacturers. Monetary assistance includes financing up to one-third of the total cost of your project, longer term loans to address cash flow difficulties, adjustable interest rates, and loan deferment clauses. Requirement criteria typically resemble Barbertons standards: companies must create one full-time job for each $15,000 in loan amount. In the past 16 years, Barberton alone has been responsible for attracting more than $18 million in annual payroll and $30 million in new facilities and equipment to the area.
The result is a strong, cooperative relationship between industry and government that heavyweight companies like these rely on: Babcock & Wilcox, B&C Corporation, PPG Industries, Reiter Dairy Company, Malco Industries. Current available sites run the gamut of business opportunities, from 500 acres of flat land to 7,000 square feet of historic office space free to an historic restoration developer. DID YOU KNOW? The Barberton Community Development Corporation members consist of a business consultant, a banker, several attorneys, a union representative, a journalist, the mayor, an electric company spokesperson, a citizen, a Realtor and an advertising executive.
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