Lovin' the Short Week

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Anyone else a fan of these short weeks?

We hope you had a great Memorial Day weekend. Thank you to all who have served — and to those who made the ultimate sacrifice. At Toledo Money, we know freedom isn’t free. Just ask our pal, Dutch, who flies F-16s for a living…

We’re now north of 185 subscribers, and growing — thank you for being part of this.

If you’re new here: welcome.

If you’ve been with us: we appreciate you.

We’re Bill and Kaden — we started Toledo Money to build a smarter, wealthier, more connected business community in Northwest Ohio. With 11+ years in finance and healthcare at public companies, we saw a gap: local business news was either too broad, too complex, or out of touch.

This newsletter is our answer.

But more than that, it’s a network of sharp, ambitious locals building something bigger — together.

If this speaks to you, do us one favor:

Forward this to 2–3 people in your circle who’d get it. The more minds we connect, the stronger we all get.

Now — let’s get into this week’s issue.

Local Stock Market 📈 | Poised for Growth

Owens Corning | $OC ( ▲ 0.69% ) 

Dana Incorporated | $DAN ( ▲ 2.61% ) 

The Andersons | $ANDE ( ▲ 1.73% ) 

Owens Illinois | $OI ( ▲ 2.26% )

Welltower Inc. | $WELL ( ▲ 0.52% ) 

Marathon Petroleum Corporation | $MPC ( ▲ 1.56% ) 

A $2M Gift That’s More Than Just Money | BGSU Alumnus and Wife Invest in Student Dreams

From Rossford to $2M: The Shelts Are Putting BGSU Students on the Runway to Success

Not all heroes wear capes. Some wear Falcon orange and write seven-figure checks.

William and Mary Shelt, Rossford natives turned aerospace heavy-hitters, just donated a crisp $2 million to Bowling Green State University — because apparently when you scale a business to 7,000 employees and hit a cool $1B in annual revenue, giving back is simply part of the routine flight checklist.

The couple’s gift is aimed at two sectors where they’ve walked the walk: business and aviation. One million will support 55 students through the Thompson Achiever Scholars program, and the other million will fund BGSU’s largest-ever aviation scholarship, named after retired Army Lt. Gen. Douglas Gabram — a longtime friend and, we assume, fellow master of checklists and discipline.

Big Moves. Bigger Multipliers.

Here’s where it gets interesting: the Shelt’s $1M for Thompson Scholars triggers a dollar-for-dollar match from the Thompson Foundation — which turns it into $2M faster than you can say “compound interest.” This isn’t just giving. It’s strategic philanthropy with real ROI… if your portfolio includes future pilots, founders, and CFOs.

And they’re not flying solo here. The Thompsons (you’ve heard of ‘em — the $121M Working Families Scholarship crowd) have structured their gift to require matching funds, which means everyone’s got skin in the game. By 2035, over 6,200 students will have been supported by this one coordinated wave of donor power.

Aviation Dreams Need Degrees (and Good Health Insurance)

Aviation isn’t just Top Gun vibes and fancy sunglasses. As William Shelt wisely pointed out, your ability to fly depends on health and fitness — which can be fleeting. That’s why their aviation scholarship doesn’t just help students get a license to fly; it pushes them to complete a full degree so they’re set for whatever turbulence life throws.

And in case you forgot, BGSU’s School of Aviation isn’t some minor league flight school — it’s one of the largest in the country with its own campus airport. You can literally taxi from class to runway.

Philanthropy with Purpose (and a Poem)

William and Mary met in the halls of Rossford High, then went on to crush it in the worlds of business and education. He launched M1 Support Services in 2003, now a global aviation services player. She became an award-winning educator in one of Texas’ top school districts. Together, they launched the One Solitary Life Foundation — inspired by a poem about how one humble life can shift the world. (Spoiler alert: they’re walking proof.)

The Shelts aren’t just investing in education — they’re betting big on a mindset shift. They hope their generosity inspires a new generation of students to succeed, give back, and keep the flywheel spinning.

Or in Mary’s words: “One person can make a big difference.”

We agree. Especially if that one person shows up with $2 million and a flight plan.

High Paying Jobs of the 419 📨 

Our shortcut to stacking more cheddar without leaving Northwest Ohio.

We’ve combed through the noise and handpicked a shortlist of high-paying opportunities right here in the 419. Whether you’re looking to level up, cash in, or simply see what your neighbor might be making — this list is for you.

We’re talking six-figure roles, director seats, and high-skill positions across industries like healthcare, manufacturing, finance, and tech. No spam. No gimmicks. Just real jobs with real paychecks. We will feature critical public-service roles, as well. These folks deserve more than can ever be compensated.

🔎 Check out this week’s curated list:
👉 www.tolmoney.com/job-board

New roles added weekly. Bookmark it. Share it. Or shoot your shot and start negotiating like a pro. Employers, are you looking to attract top talent? Shoot us a message to get your posting highlighted on the Toledo Money job board.

Bollin Label | (Family) Enterprise Scale in Toledo

In an era of digital everything, Bollin Label Systems proves that there’s still power in print. Since 1969, this family-run Toledo powerhouse has been quietly labeling everything from deli sandwiches to artisan salad dressings—think Garlic Expressions and grocery giants like Churchills.

Family-Run, Toledo Strong

Led by Heidi Bollin, with family hands in everything from finance to logistics, Bollin is now in its third generation. They’re not just a business—they’re Toledo through and through, with ties to the University of Toledo’s Family Business Center and a commitment to local jobs.

Big Impact from Little Labels

With estimations of $15–18 million in revenue (projections based on available data), Bollin isn’t just sticking labels—it’s sticking it to the notion that family businesses can’t scale. Their labels pop up everywhere: supermarkets, industrial products, and even convenience store packaging.

The Bottom Line

Bollin Label Systems is a Toledo gem that shows how grit, family pride, and clever growth keep a business thriving for over 50 years. Next time you peel off a sticker, think of the family in Toledo making it happen.

💼 Toledo’s Manufacturing Muscle | American Manufacturing Inc. Invests in Automation

Toledo’s American Manufacturing, Inc. (AMI) isn’t just making steel containers—it’s shaping the future of automotive production with a local twist. This homegrown powerhouse, a trusted partner of Stellantis, Ford, and General Motors, just upped its game.

Thanks to a $300,000 loan from the Port Authority’s Northwest Ohio Revolving Loan Fund Program—and with Waterford Bank and AMI’s own cash chipping in—the company invested nearly $1 million in a new Trumpf TruLaser Tube 7000 fiber T12 machine. Translation? More productivity, higher-quality steel gear, and a push towards next-level automation.

This move isn’t just about machines; it’s about people. Twenty existing jobs got a safety net, and AMI plans to add four more positions in the coming months. That’s the kind of economic impact Toledo loves to see.

But wait, there’s more. The TruLaser is just one piece of AMI’s new equipment puzzle. They’ve also secured a bend cell and a 2D laser to round out a trio of game-changing investments—all with support from the Port Authority and Waterford Bank through different lending channels.

This isn’t just business as usual—it’s a smart investment in Toledo’s industrial future. 🚀

Money Confessional | The First-Gen Trailblazer

Real people. Real money talks. Learn & Grow from one another. Interested in sharing, here is a 100% confidential form to do so.

Age: 23
Role: Technology Analyst at Owens Corning
Salary: $65K (internship-to-full-time success story)

👋 Meet our confessor—a first-generation college graduate who didn’t just break the mold, she shattered it. From part-time college jobs to a full-time tech analyst gig at Owens Corning, she’s proving that big dreams don’t have to come with big-city rent.

💬 “I started in the internship program, asked a ton of questions, and soaked up everything I could. By the end of the summer, I knew this was where I wanted to launch my career—and thankfully, OC offered me a full-time spot.”

Her current salary might not scream Wall Street baller, but compared to peers paying triple rent in Chicago or NYC, she’s way ahead of the game.

💳 Favorite Splurge: “Travel. I save up for one ‘big’ trip a year. It keeps me inspired and reminds me that I’m building something bigger than my current zip code.”

🏠 Living Situation: Renting a one-bedroom downtown. “It’s cozy, walkable, and affordable. Compared to what my friends pay in bigger cities, it feels like I’ve hacked the system.”

📈 Net Worth: ~$5K–$7K. Between her student loans (about $25K) and savings, she’s just getting started—but she’s proud of every dollar.

🔥 Biggest Financial Worry: “Balancing saving with paying down my student loans. I want to build a future, but I also want to enjoy my 20s.”

💡 Toledo Tip: “Take advantage of local networking events—they’re everywhere. Plus, the Metroparks are world-class and completely free. Oh, and don’t sleep on Kengo Sushi for a splurge dinner!”

💸 Financial Freedom Goal: “For me, it’s about being debt-free, having an emergency fund, and being able to support my family if they ever need it. That’s what real freedom looks like.”

👩‍💻 Budget Style: Mint for tracking, auto-transfers to savings, and a weekly budget check-in. Her system? “Set it and forget it… but always review.”

🌟 Inspiration: “I’m grateful for the local economy and the lower cost of living in Toledo. It lets me build my career without living paycheck to paycheck—and that’s a huge win.”

Want to follow in her footsteps? Or just curious how your own budget stacks up?

🚨 Subscribe to Toledo Money for more real-life money stories, job leads, and sharp takes on Northwest Ohio’s economy: www.tolmoney.com

Money Snacks

Headlines we are snacking on

  • Trader Joe’s built a $16B empire on vibes and a newsletter—no ads, just loyalty and great timing. Now, imagine one landing in Toledo. Secor Road’s steady flow? Perrysburg’s booming incomes? Or maybe a downtown comeback story? The right spot could spark a retail upswing and turn nearby real estate into a premium play. So, where would you bet—and are you buying in early?

  • 1125 Hunting Creek Dr in Perrysburg isn’t just a house—it’s a $1.7M flex with a front door. 5,100 sq ft, 4 beds, 5 baths, and the kind of luxury that whispers “I’ve arrived.” Grand entry, gourmet kitchen, even space for a fundraiser or two. Tucked in one of Perrysburg’s hottest neighborhoods, this isn’t just a dream home—it’s a savvy asset in a high-demand zip. Elegance, equity, and maybe a butler’s pantry to boot.

  • We’re dropping the news before anyone else (yes, we said it). Shake Shack—yes, the publicly traded burger and shake giant $SHAK ( ▼ 0.08% ) —is moving into Levis Commons, the hottest piece of real estate in the region. You heard it here first. 🔥 burgers and shakes will be served on the daily, soon. You heard it here first.