Tri-State Beef Inc., a subsidiary of Dae Kyung Oil and Transportation Co., has chosen Bidwell’s Dan Evans Industrial Park as the site for its new $30 million American beef slaughter, packaging and advanced protein processing facility.
Local officials say the new company will provide 250 new jobs to the area. Company officials said they plan to break ground on the facility sometime in 2015.
“This is great news for our community,” Gallia County Commissioner Harold Montgomery said. “Tri-State Beef is a quality operation and we are ecstatic they have chosen Bidwell for their new U.S. operation. The establishment of this new facility will have a tremendous positive impact not only in Gallia County, but the entire southern Ohio region.”
According to Ohio Gov. John Kasich’s office,Tri-State Beef is one of eight companies that are investing more than $102 million and creating 2,576 jobs statewide.
Tri-State Beef expects to generate $6.9 million in additional annual payroll by Dec. 31, 2018, and retain $414,720 in existing payroll at its proposed location in Springfield Township.
The Ohio Tax Credit Authority approved a 55 percent, six-year job creation tax credit for the project.
Tri-State Beef principal and chairman, Chang Yun, said in a press release that Bidwell was identified as a “an ideal location for our new facility” and is looking forward to becoming part of the community.
“We are greatly appreciative of the efforts of (state) Rep. Ryan Smith, and the other organizations and individuals that worked diligently to make this project a success.”
Dae Kyung Oil and Transportation Co. is headquartered in Busan, South Korea, where they are considered a leader in the oil and fats processing industry. Tri-State Beef Co. is headquartered in Cincinnati and operates as both a butchery and meat processing factory that generates annual sales of $40 million.
“Tri-State Beef’s decision to choose Gallia County for its new facility not only brings a high number of good jobs to the community, it demonstrates the strength of and food processing in the entire region,” Smith said. “I think most people will be surprised at how large the ripple effect will be from Tri-State Beef locating to our region. The cattle herd will need considerably to satisfy the demand, and that is really exciting for agriculture in Ohio.”
Melissa Clark, director of Gallia County Economic Development, said locating the facility in Gallia County only makes because of the area’s history in agriculture, livestock production and food processing.
“We are pleased that Tri-State Beef has chosen the Dan Evans Industrial Park to build their new facility,” Clark said. “Their decision to locate here reinforces the logistical and workforce advantages of Gallia County.
“For over 25 years there have been many well-intentioned, but unsuccessful attempts to establish a packing facility in the state,” she said. “This news is certainly welcome and beneficial to beef producers and all of Ohio.”
Luring the beef facility to southern Ohio was a collaborative effort of Rep. Smith, the Gallia County Board of Commissioners, Gallia County Cattlemen’s Association, Gallia County Economic Development, Gallia County Community Improvement Corporation, JobsOhio, and the Appalachian Partnership for Economic Growth.
“The Gallia County Community Improvement Corporation is pleased to be part of this exciting project with Tri-State Beef,” said Tammi Brabham, president of Gallia County . “Their commitment to locating in the Dan Evans Industrial Park is the result of a tremendous team effort by many, at both local and state levels.”
“This project was highly competitive and we are very pleased that the company chose Gallia County,” said John Molinaro, president and CEO of APEG, the JobsOhio partner in the region. “This shows how rural Appalachian Ohio counties can compete successfully with other states and regions to attract jobs and investment when we all work together.”
COLUMBUS, Ohio – September 10, 2014 – Representative Ryan Smith (R – Bidwell) from Ohio’s 93rd House District, which includes Jackson and Gallia counties, as well as portions of Lawrence and Vinton counties, was recognized for his outstanding contributions to economic development in the state of Ohio with the “Friend of Ohio’s Entrepreneurs Award”. This award singles out individuals who demonstrate ongoing support of entrepreneurship as a key driver for prosperity in the state.
As a member of the Finance and Appropriations Committee, Representative Smith understands the crucial contribution entrepreneurs make to sustained economic growth which depends in large part on adequate access to capital.
VentureOhio, a trade association formed late in 2013, hosted its first annual dinner to celebrate the successes within the entrepreneurial community and to discuss the state of venture capital activity based on the results of the Ohio VentureReport 2013.
Steve Haynes VentureOhio Policy Chairman and Founder and Managing Partner of Glengary, LLC presented the award.
For more information, visit www.ventureohio.net and follow us on twitter @VentureOhio.
Since joining the House of Representatives on April 18th, my life has been very busy. The amount of information given in a short period of time is amazing but I have really enjoyed the opportunity to expand my knowledge base in many different areas. The most challenging aspect of my new position is having a good understanding of multiple topics such as Medicaid expansion, school funding, department of corrections, the judicial system, Ohio EPA and pension regulation. These are just a few of the topics we have discussed but needless to say I have learned a lot in my short time in the legislature. I look forward to working with my colleagues to continue to move Ohio in the right direction. It has truly been an honor to represent the citizens in the 87th Ohio House District.
Since returning to Gallia County in 1995 I have spent the past sixteen (16) years working diligently to improve the community in which I am raising my family. I am proud to say that many of my accomplishments have included a broad base of community involvement. I have always encouraged others to find what they are passionate about and to get involved in some way, shape, or form. Great things can be accomplished by those who give time, money and effort and the result of those actions can make the community a better place for the next generation to live, work and raise families. When Representative Carey decided to move to private sector employment, I saw an opportunity to take my efforts to the next level and work on a regional plan for all of southeastern Ohio. I am very excited and proud to be from southeastern Ohio and I look forward to being able to help our area grow through the efficient allocation of state resources.