DDC Statement:
We appreciate Governor DeWine’s support in securing the recent grant and tax incentives to create 100 jobs in the Dayton, OH region. As a federal IT and environmental service provider with a large client base in the Dayton area, we look forward to building on our success in expanding our footprint while contributing to the growing economy.
This milestone reinforces our Navajo-inspired commitment to fostering economic development and advancing our communities. As a family of companies unwavering in our mission, this achievement is a testament to twenty years of growth through trusted client and partner relationships that enable us to create opportunities for the Navajo Nation and communities we serve.
“We are thrilled to build on our strategic growth in the Dayton Ohio River Valley, but especially proud of the impact that this project will have on the local economy,” stated Dan Riggs, DDC Chief Growth and Strategy Officer. “Our guiding purpose is rooted in our commitment to the Navajo Nation,” continued DDC Chief Executive Officer, Austin Tsosie. “This accomplishment demonstrates our dedication to building a brighter future for our people and communities.”
Full Article:
By Zachary Jarrell – Staff Reporter, Dayton Business Journal
Sep 25, 2023 -A Navajo Nation-owned information technology holding company could soon expand its presence in the Dayton region, potentially creating 100 jobs and millions in new payroll. The state approved Monday a tax credit, which will “help ensure the proposed project moves forward in Ohio.”
Diné Development Corp. (DDC) — specifically, two of its subsidiaries, DDC IT Services LLC and Diné Source LLC — is considering the Dayton region for an expansion that is expected to create 100 full-time positions, generate $12 million in new annual payroll and retain over $22 million in payroll by the end of 2027. Ohio is competing with Alabama, Texas, Maryland and Arizona for the proposed project.
Gov. Mike DeWine and Lt. Gov. Jon Husted announced Monday that the Ohio Tax Credit Authority (TCA) approved a 2.178%, nine-year Job Creation Tax Credit for the DDC expansion. State support “will help ensure the proposed project moves forward in Ohio,” according to an Ohio Department of Development document shared with the Dayton Business Journal.
The proposed project in Dayton would include acquiring a larger office building to house an innovation center focusing on expanding its IT operations and “creating a greater economic footprint in Ohio.” As part of the tax credit agreement, the DDC would have to maintain operations at the project location for at least 12 years.
The proposal is worth an estimated $2 million, a development department representative told the DBJ. The company would also retain over 150 jobs.
Other details were not immediately clear. The DDC declined to comment.
In addition to the DDC, DeWine and Husted announced the approval of five other projects. In total, they are set to create 332 new jobs and spur more than $426 million in investments.
Arizona-based DDC is a Navajo Nation-owned family of companies, according to its website, providing government agencies and commercial organizations with IT, professional, environmental, and research and development services. The company has a Beavercreek location.
Additionally, the DDC tripled in size from 2020 to 2022, according to past DBJ reporting, growing to 600-plus team members.
The DBJ recently named the company a 2023 Business of the Year honoree in the “Minority-Owned Business of the Year” category.
