Deal brings 100 jobs to Miamisburg Gayston has been in Springboro since 1987.
By Nick Blizzard
Staff Writer
MIAMISBURG —
A company promising to bring nearly 100 jobs and a $4 million payroll expects to relocate this year to Miamisburg ’s second largest industrial facility, which has been vacant since 2010.
The Gayston Corp.’s decision to obtain the former Dayton Superior Corp. site to accommodate expansion is an unusual one that will give the downtown area a boost, said Chris Fine, Miamisburg development director.
“It’s an older industrial space,” Fine said of the 180,000 square foot site at 721 Richard St., where Gayston plans to move from leased space at 200 Advanced Drive in Springboro. “Places all over the region have trouble getting these spaces filled.”
Gayston has 70 employees in Springboro, where it has been located since 1987. It plans to add at least 25 jobs within three years, documents show.
The Miamisburg facility was initially constructed in the 1950s, and buildings were added in the ’60s and ’70s, Fine said, but it has been idle for more than four years.
While Gayston’s Springboro site was built in this century, the Miamisburg location was picked because it is “about three times the size” of its current site, said Chuck Gochenouer, the company’s chief financial officer.
The $1.8 million move by Gayston, a precision machining and metals manufacturer, will include $50,000 from Miamisburg and $150,000 in funds from the Montgomery County Economic Development and Government Equity (ED/GE) program, documents show.
Miamisburg’s city council is expected to pass legislation tonight to allow the city to provide Gayston with those funds.
“Gayston represents a tremendous opportunity for the city,” according to the city’s ED/GE application. “They plan to be the owner occupant of the property that has been vacant for several years. They are a solid business with a diverse product offering, and they have a large employee base with plans to grow. This is an usual, but very welcome, scenario for the city relative to older industrial buildings in town.”
The business focuses on aluminum fabrication, finishing and assembly for a variety of industries, but is looking to branch out, according to its website. Part of that growth, records show, are two recent military contracts.
This year “we have been awarded two major contracts from the department of defense with manufacturing to begin July…,” according to a letter by Gochenouer in the ED/GE application.
The company has been working to prepare the Richard Street site. Gochenouer said he expects Gayston to move by November.
“We’re still a long way away,” he said. “But we’re making strides every day.”
Much of the work has included demolition and infrastructure renovation, Gochenouer said.