JobsOhio Grants $50,000 to Warren Manufacturer for Growth Project

JobsOhio gave REM Electronics Supply Company a $50,000 Small Business Grant because they are a reliable source for electrical parts and contract manufacturing services. With the help of the money, the company can buy more modern equipment, which will help it meet growing customer demand and create three new jobs.

The JobsOhio Small Business Grant is meant to help businesses grow in eligible areas or that are run by people who aren’t well-represented in business. The program helps companies make investments in fixed assets, hire more people, and improve operations that are important for their long-term growth.

The grant will be used by REM Electronics to buy cutting-edge equipment that will make the company more efficient and set it up for continued growth in a market that is becoming more and more competitive.

President of REM Electronics Jan Dyer said, “This investment will help us improve our production and better serve our customers, many of whom depend on accuracy and dependability.” “Technology changes quickly in our field.” This money helps us stay ahead of the competition, stay ahead of the curve, and create new jobs in Warren.

A Straight Path to State Money

This money was made possible in large part by Lake to River, which is a JobsOhio regional network partner that works with Ashtabula, Trumbull, Mahoning, and Columbiana counties. David Wilaj, Director of Project Management at Lake to River, fought for REM Electronics by helping them with the application process and telling JobsOhio officials about the project.

Wilaj said, “What we do is help small businesses get the money they need.” “In this case, we put REM Electronics in touch with the JobsOhio Small Business Grant to make sure they have the money they need to expand, buy new tools, and hire more people.” This is exactly the kind of change we want to see in our area.

It is still very important for businesses that want to grow to use the JobsOhio Small Business Grant program. Businesses that want to know more about who can apply and how much money is available should email David Wilaj at david@laketoriverohio.org.