Shown is the Ford Mustang that housed the Pelmear motor. President of HP2g Doug Pelmear announced the closure of the Wauseon manufacturing facility on Wednesday. (TB file photo)
Shown is the Ford Mustang that housed the Pelmear motor. President of HP2g Doug Pelmear announced the closure of the Wauseon manufacturing facility on Wednesday. (TB file photo)
WAUSEON - The dream may still be alive for Doug Pelmear but it just became a lot harder to come to fruition.

On Wednesday Pelmear, the president of HP2g, announced the closing of the company's manufacturing facility in Wauseon, Ohio. Opened with great fanfare on June 1, 2009, the building was to house the equipment necessary to produce the Pelmear motor, an engine that averaged 110 mpg on E85 fuel. Despite the miserly gas mileage, the motor produced 400 horsepower and 500 ft.-lbs. of torque in the Ford Mustang where it was installed.

Pelmear said he was proud of the work the company was able to accomplish in the past few months. They were able to secure multiple patents, produce a prototype and test an electronic control, and secure a manufacturer for the electronic control. The Mustang and motor were also displayed at the SEMA Las Vegas show, the North American International Auto Show in Detroit and the Washington D.C. Auto Show. The motor also passed emissions tests.

The facility in Wauseon is being closed due to a lack of funding. HP2g had secured local and state government funds but required matching local bank monies to award the grants. However, Pelmear said no local banks were willing to loan money on the project. In a speech on the day of the opening, Pelmear said the plans were to manufacture 500 motors in 2009 for the after-market and eventually employ 55 people at the facility.

On hand for the opening was former State Senator Steve Buehrer, a representative from U.S. Senator Sherrod Brown's office and numerous county and city officials from the area, including Van Wert County Commissioner Clair Dudgeon.

"The best ideas don't mean anything without help," Pelmear said at the time. "Obviously there are a lot of communities here. This is about people banding together to make change."

Pelmear is a former resident of Van Wert.