BELLAIRE, Ohio — In a significant boost to Belmont County’s economic landscape, Technocap has announced its expansion to Bellaire, bringing a wave of new opportunities to the region. The project, backed by a $4.5 million investment from the State of Ohio and supported by JobsOhio, will create new jobs in the area.
Tecnocap expects to create 29 full-time-equivalent positions, generating more than $1.3 million in new annual payroll as a result of the company’s new location in Bellaire.
The new Technocap facility will be located at 271 17th Street, in south Bellaire, according to Belmont County Commissioner J.P. Dutton. Dutton described the location as a large and strategically placed building adjacent to the Ohio River, ideal for the company’s growth.
Dutton expressed excitement about the expansion, emphasizing the collaborative efforts behind the scenes. “It’s fantastic news. It showcases the hard work done in Belmont County and the strong partnership we have with the state.”
He highlighted the vital role played by JobsOhio, Ohio Southeast Economic Development (OhioSE) and the Belmont County Port Authority in facilitating the project.
Matt Abbott, the newly appointed director of Ohio Southeast Economic Development, is set to begin his role next week and Dutton says he is expected to continue fostering these essential partnerships.
“We’re really excited to work with him. JobsOhio has an outstanding revitalization program, and this project is a perfect example of how that funding can drive economic growth,” Dutton added.
The $200,000 revitalization grant from JobsOhio will support the development of the new facility, reinforcing Belmont County’s commitment to job creation and workforce development.
“We want to see investment along the Ohio River on both sides,” said Dutton. “These sites have great potential, and with a bit of effort, they can once again become thriving economic hubs.”
Bellaire has seen several recent investments, including the continued tax incentive package approved by Belmont County commissioners Wednesday for Muxie Distributing. The county remains dedicated to pushing for further revitalization, aiming to turn long-dormant sites into active contributors to the local economy, Dutton says.
While Belmont County did not directly fund the Technocap project, Dutton underscored the significance of state-level support.
“JobsOhio exists to invest in projects that benefit Ohio and Belmont County. This expansion is a prime example of that mission in action,” Dutton explained.
Dutton says the Belmont County Port Authority also played a crucial role in facilitating discussions between Technocap and state partners.
“The Port Authority works daily with OhioSE and JobsOhio, ensuring these projects come to life,” Dutton explained. “Strong relationships are key to making these investments happen.”
As Technocap prepares to expand to its new Bellaire location, local leaders remain optimistic about the future. “This is just the beginning,” said Dutton. “We’re committed to supporting projects like this and continuing to strengthen Belmont County’s economic foundation.”
