IPS and Paulding County partners have positioned the 53-acre,
shovel-ready site for new industrial investment and future jobs
PAULDING, Ohio — Industrial Power Systems (IPS), a family-owned industrial, general, and specialty contractor headquartered in Rossford, Ohio, has purchased the 53-acre Paulding Industrial Park from the Paulding Community Improvement Corporation (CIC). The Ohio Site Certified property was prepared through years of collaboration led by the CIC and Paulding County Economic Development (PCED), and now moves into private ownership with a clear goal: attracting the right development to strengthen Paulding County’s economy.
IPS is now seeking a development partner whose plans fit both the site and the surrounding community. The company brings over 40 years of experience building industrial facilities across Northwest Ohio and Southeast Michigan to that search.
A Site Built for Industry
The Paulding Industrial Park was readied for development through a long-running partnership among the CIC, a private landowner, PCED, the Regional Growth Partnership, and the Ohio Department of Development.
Ohio Site Certification is a rigorous, state administered process that verifies a site is shovel ready for industrial investment. Certification confirms that all environmental reviews and due diligence studies are complete, zoning is appropriate and documented, utilities—including water, sewer, electric, natural gas, and broadband—are available or engineered, and the site carries no outstanding development barriers.
For a future user, that groundwork reduces risk and shortens timelines. It also positions Paulding County as a competitive, investment-ready location for new industry.
The Right Partner for the Right Site
IPS’s ownership pairs a certified site with a contractor that has spent four decades building the facilities industry runs on. IPS self-performs mechanical, electrical, piping, millwright, ironwork, fabrication, and general contracting work for clients in industrial, automotive, energy, steel, food and beverage, and commercial sectors.
IPS will evaluate prospective partners on how their plans serve the long-term interests of Paulding County, including future employment opportunities and private-sector growth in the region.
What Leaders Are Saying
Paulding County Economic Development Director Tim Copsey, who advises the CIC Board, said: “This project has been years in development. The sale of the Industrial Park to IPS demonstrates the value of long-term planning, strong partnerships, and a shared commitment to building a stronger economic future for Paulding County.”
“Paulding County did the hard work to make this site ready for industry, and we’re grateful to the CIC and Paulding County Economic Development for the years of planning behind it,” said Kevin J. Gray, founder and CEO of Industrial Power Systems. “IPS has been building in Northwest Ohio since 1985. Our job now is to find the right partner for this property, one that brings lasting investment and jobs to Paulding County and grows alongside the community.”
Looking Ahead
The sale marks a key milestone in Paulding County’s long-term economic strategy. It also extends the reach of a Northwest Ohio, family-owned company with deep roots in the region’s industrial base.
About IPS
Founded in 1985 and headquartered in Rossford, Ohio, IPS — Industrial Power Systems — is a family-owned industrial, general, and specialty contractor delivering projects from concept to completion, and beyond, across the country. IPS self-performs mechanical, electrical, general trades, fabrication, sheet metal, 24/7 HVAC service, and virtual design & construction work, handling any size project with the same standard of Integrity, Performance, and Safety.
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