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# MacPherson Lands $250K State Loan to Expand Safety Glass Facility
- URL: https://www.industrialbriefs.com/macpherson-safety-glass-facility-expansion/
- Published: 2026-09-15T15:00:27.000Z
- Updated: 2026-09-15T15:00:26.000Z
- Description: MacPherson Engineering Inc. secured a $250,000 state loan for a new safety glass facility, supporting local job creation and manufacturing expansion.
- Author: IndustrialBriefs
- Tags: manufacturing, construction, engineering

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WARREN, Ohio – MacPherson Engineering Inc. has secured a $250,000 state loan to aid in the construction of a new safety glass manufacturing facility. This development comes as part of the Ohio Department of Development's Regional 166 Direct Loan Program. The loan is aimed at boosting local manufacturing capabilities and job creation, which is critical for regional economic growth.

**What Happened**  
The Ohio Department of Development announced the approval of a $250,000 loan to MacPherson Engineering Inc., facilitating the construction of a new safety glass manufacturing facility in Warren, Ohio. The funds will be channeled through MacPherson Industries LLC, a real estate holding company specifically established to manage the project's real estate and lease it to the operating company. The project involves constructing a metal building measuring 100 feet by 40 feet by 16 feet at 2809 Mahoning Ave. NW. The total project cost is estimated at $340,795\. In addition to the loan, the project is expected to create three new full-time equivalent jobs while retaining 31 existing positions. The loan carries a 3.75% interest rate over a 20-year term. This initiative reflects Ohio's commitment to strengthening its manufacturing sector and enhancing job security within the state.

**What This Means for Your Business**  
For businesses operating in the AECM sector, this development signals a growing opportunity in the manufacturing space, particularly for companies involved in construction and engineering projects. The expansion of MacPherson Engineering underscores the potential for similar projects to secure state funding, paving the way for future partnerships and investments. This initiative not only highlights the importance of leveraging state resources but also underscores the need to remain competitive by adopting advanced manufacturing capabilities. Companies should consider exploring similar state-backed financial programs to enhance their operational capacities and workforce.

**What US Operators Should Watch**  
Operators should stay informed about the timelines and eligibility criteria for the Ohio Department of Development's financial assistance programs. Monitoring application windows for similar loan opportunities could be beneficial for companies looking to expand or modernize their operations. Additionally, businesses should keep an eye on regional infrastructure projects, such as the $1.12 million grant to the city of Kent for the Davey Tree Project, which may present further opportunities in road construction and related fields.

*Source:* [*https://businessjournaldaily.com/state-approves-250k-loan-for-macpherson-expansion/*](https://businessjournaldaily.com/state-approves-250k-loan-for-macpherson-expansion/?ref=industrialbriefs.com)