CINCINNATI, OHIO (February 17, 2023 — Alloy Development held its Annual Economic Development Awards Ceremony on Wednesday, February 15th, at the Sharonville Convention Center. We celebrated the tremendous accomplishments of our Commercial Capital, Economic Development, and Growth Lab teams and the stakeholders and customers that they support. Alloy Development Co., is a commercial capital lender, a growth lab for startups, and an economic development partner all under one roof, which makes them an active and influential business partner, able to assist any organization at any stage of growth. This is their 40th year celebrating organizations and individuals that have partnered with them to help grow the  local economy.

The Ron Schallick Economic Development Award is awarded to a local company that has a long history and a commitment to our community through investment and job creation. This year, Pepper Construction was celebrated as the Ron Schallick Economic Development award winner due to its transformational investment in The Village of Lockland’s historic business district. Their new SW Ohio headquarters is located in the historic Stearns & Foster building and will employ more than 60 workers at the location and will invest $12 million into their new facility. “The Pepper Construction team is not only committed to their community but to green initiatives that will make a positive impact on Lockland and Hamilton County,” said Alloy Development  President Patrick Longo.

Pepper Construction is a regional construction management company with offices in Ohio, Indiana, Illinois, and Wisconsin.  Ranked as one of the top builders of sustainable projects in the nation, Pepper is also a member of the Cincinnati 2030 District, the region’s leading sustainability alliance. The newly renovated building received Historic Tax Credits, is designed to achieve Net Zero Energy, and is seeking both LEED and WELL Certifications. This combination of project goals provided several unique challenges and is a testament to the company’s commitment to sustainability.

About Alloy

Alloy Development Co. is a marketplace where organizations, businesses and communities can find the resources they need to grow. We are a commercial capital lender, a growth lab for startups, and an economic development partner all under one roof, which makes us an active and influential business partner, able to assist any organization at any stage of growth.