The pending loss of the W.W. Williams Co. did not take Grandview Heights officials by surprise.
"We knew the company has to vacate its existing headquarters," Director of Administration/Economic Development Patrik Bowman said Oct. 24. "I don't think they wanted to leave Grandview, but they couldn't find another site in our city that fit their needs at this time."
The company, which was sold last year to One Equity Partners, a private-equity firm, plans to move to Dublin.
Dublin City Council held a first reading Oct. 23 of an ordinance that would grant the company a tax incentive of up to $43,000 and a $10,000 grant to help pay relocation costs.
The company will move it 63 employees to Dublin and pledges to hire an additional 13 employees by 2023.
The company's current site in Grandview at 835 Goodale Blvd. is owned by Tri-W Group Inc., an investment-management company that was formed as the successor to the family-owned W.W. Williams after its sale to One Equity Partners.
"We've had some very preliminary discussions about the potential redevelopment" of the property at 835 Goodale, Bowman said.
The plan to redevelop led to W.W. Williams needing to find another site for its operations, he said.
A redevelopment project, which might also include adjacent properties, most likely would be a mixed-use development with residential and office components, Bowman said.
It would require a rezoning of the site and a tax incentive could be involved, Bowman said.
Nothing formal has been proposed, he said.
Although central Ohio communities have a general agreement that they will not offer tax incentives to lure a company to move from another city in the region, Dublin City Manager Dana McDaniel noted in a memo to Dublin City Council members that the guideline is not applicable with Dublin's offer to W.W. Williams because the company had unsuccessfully looked for another location in Grandview.
"We have no concern in this case," Bowman said.
W.W. Williams was founded in 1912 and provides mechanical services and repair and logistics services.
It has been headquartered in Grandview since 1927, Bowman said.
"We're sorry to see them go," he said. "They have been good corporate citizens and contributed a lot over the years to our community."
The shelter house at Wyman Woods Park was renamed after the company in 2014 after W.W. Williams donated $100,000 toward a park improvement project, which included upgrades to the shelter.