Precision Tool given loan

PHD Precision Tool and Grinding will expand its manufacturing capabilities, thanks to a $50,000 loan from the Van Wert County Economic Development Revolving Loan Fund. PHD co-owners Shawn and Shelly Dunno and Matt and Sarah Heier purchased the company about a year ago and brought it to Van Wert. The loan will assist the owners with the purchase of equipment that will add diversity to the company’s production line. Present for the check presentation were (from the left) County Economic Development Director Sarah Smith; Stuart Wyatt, RLF board member; Shawn Dunno, Sarah and Evan Heier and Shelly Dunno; Sara Zura and Phil Fleming, RLF board members; and Sue Gerker, county economic development. (photo submitted)