Napoleon Economic Development Opportunities Report February 2023
The City of Napoleon, The County Seat of Henry County, Ohio, is known for heartland values and flowing opportunities. It is the location when you’re looking for a unique ability to provide a low cost of living, ease of access to larger markets, and capacity to accommodate rural sourcing and vital supply chains.
Welcome to the City of Napoleon
Napoleon’s easy flow to markets is based on its direct location along US-24/6 which connects to the crossroads of two major interstate highway systems: I-75 and I-80/90. These two transportation systems are among the most highly traveled in the nation, and are within 30 minutes or less of Napoleon, providing easy access to 60% of all U.S. and Canadian markets within a 600-mile radius. With interstates and state highways in close proximity, including four lane State Route 24, Napoleon is well-positioned for smooth transport of people, freight, and cargo.
The City of Napoleon offers a short line rail service that can take freight to both CSX and Norfolk Southern. Air travel options include Toledo Express Airport, which is within a short 30-minute drive, Fort Wayne International Airport, an easy 60-minute drive, and Detroit Metropolitan Wayne County Airport, which can be reached in just under 90 minutes.
Situated in the Northwest Ohio Region, an area experiencing significant new investment and economic growth, Napoleon is ideally located to take full advantage of this improving business climate.
The area is benefitting from the exciting renaissance and revitalization of Downtown Toledo, and regional economic collaboration provided by one of Ohio’s premier economic development organizations, the Regional Growth Partnership (RGP) of Northwest Ohio. And yet, Napoleon maintains the ambiance, charm, and pride of small-town living.
Given this strategic location, it is no wonder that manufacturers and major industry sectors make up a large percentage of businesses that call the City of Napoleon home. Businesses that are making an impact in the City include:
- Campbell Soup Supply Company
- Dana Incorporated
- Advanced Drainage Systems
- JAC Products
- Beck’s Construction Co.
- Custom Agri Systems
- Koester Corporation
- Silgan Containers Mfg.
The City is “Open for Business” and works closely with the Henry County Community Improvement Corporation (CIC) to provide outstanding incentives for businesses to grow and flourish. The CIC works to retain, expand, and attract capital investment and jobs to Napoleon and Henry County. This includes the use and promotion of local, state, and federal; financial assistance, tax incentives, and training/technical assistance programs.
An example of this support for businesses who make Napoleon their home, is the Henry County Revolving Loan Fund, which is a loan program that provides low interest loans for financing of business development. It’s used as gap financing to fill the gap between the total project cost and other sources of financing (i.e., owner equity, bank loan, etc.).
Quality education and opportunity go hand-in-hand in Northwest Ohio. Students can choose from an impressive array of options to continue their studies close to home including world-class institutions such as Bowling Green State University, the University of Toledo, NW State Community College, as well as several other colleges/universities. This available talent in such close proximity to Napoleon is an important strategic advantage for the City as the competition for workforce talent heats up nationwide.
Napoleon has an estimated population of over 8,500 residents and is bisected by the scenic Maumee River, which flows northeast to the Great Lakes and is part of the largest supply of fresh water in the world. The City is also one of 26 sections along the Buckeye Trail, where you can realize the tremendous variety and history that hiking Ohio offers.
The City provides exceptional municipal services, its locally governed and controlled utilities provide customers with direct input, contact and responsiveness when addressing operational needs.
The City of Napoleon welcomes you and is ready to accommodate your transition into your new or growing space for your expansion or relocation needs. With its strategic geography and low cost of living, you’ll watch your return-on-investment grow here. Come see for yourself, why Napoleon, Ohio may be just the right move for your business.
Site opportunities include:
- 150,000 sq. ft. industrial spec building available for flex/industrial/office
- 74 acres of industrial, vacant land, build to suit
- 5 acres of industrial, vacant land
- 91 acres of vacant land
- 71 vacant acres of office, industrial, warehouse, flex, call center
- 37 acres of of shovel-ready land available for office, industrial, retail, warehouse
- 95 acres of vacant land
Public Power and AMP
Public power utilities are not-for-profit, community-owned electric systems that work to provide the highest quality, most reliable power to residents and businesses. They are a part of the communities and focus on what is best for the people and businesses they serve.
American Municipal Power, Inc. (AMP) is the nonprofit wholesale power supplier and services provider for 133 members in the states of Indiana, Kentucky, Maryland, Michigan, Ohio, Pennsylvania, Virginia, West Virginia; as well as the Delaware Municipal Electric Corporation, a joint action agency in Smyrna, Delaware. On behalf of our members, AMP deploys a diverse renewable generation portfolio along with environmentally responsible programs and services as part of a corporate commitment to sustainability.
For more information about our member communities and programs, visit searchampsites.com.