MIAMISBURG — Thaler Machine Co., which had considered whether to relocate to Indiana, has decided instead to consolidate its current operation in Miamisburg and most or all of its smaller operation in Dayton into an existing Springboro warehouse to create room for expansion, a company executive said Monday, Feb. 8.
Thaler Machine is working with Miller-Valentine Group to renovate a former beer distributor’s warehouse at 216 Tahlequah Trail in Springboro, just off Ohio 73, said Pete Thaler, a vice president of the family controlled company. The new site will provide about 70,000 square feet for operations, up from about 45,000 square feet in the company’s current two buildings, and will enable Thaler Machine to keep its 73 jobs in the Dayton area, Thaler said.
In exchange for state financial incentives it has received, Thaler Machine has said it hopes to create an additional 36 jobs between 18 months and three years from now.
Thaler Machine makes precision-machined products for defense, aerospace and automotive customers. The company hopes to move its machinery from its leased current location at 1195 Mound Rd., Miamisburg, to the Springboro building in April or May and begin operations there then, Thaler said. The company had considered relocating to Columbus, Ind., where it has customers, and had also looked around in Moraine and Miamisburg but could not find a building to suit its needs, company officials said.
Thaler Machine bought the Springboro warehouse through a limited liability corporation in December for $1.1 million and plans new roofing and a new heating, cooling and ventilating system for the building, Thaler said.
State officials said Monday that Thaler Machine will receive $348,756 in federal stimulus funding to install energy-efficient lighting and the new climate-control and ventilating system at the Springboro warehouse. Thaler’s project is one of 18 across Ohio that will receive the funding as industry energy-efficiency grants, Gov. Ted Strickland said.
In September 2009, Ohio awarded Thaler Machine a 50 percent job-creation tax credit worth $171,324 over six years, based on the assumption the company would relocate to Springboro. The tax credit offer requires the company to maintain operations at the Springboro site for 12 years,
Thaler Machine had outgrown its current site in Miamisburg. The company owns property on Hopeland Street in Dayton, which dates to the company’s early years of operation in the 1950s, and has about 10 employees there. Management is considering whether to relocate the Dayton employees to Springboro, and will decide later whether to keep the Dayton building, Thaler said.
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Bill Thaler for president!! If you can keep a business afloat in Dayton, you can't do any worse than the man running our country right now.
11:48 PM, 2/10/2010
Last time I checked, people aren't driving to Dayton...what's the chances they will take a train there ?
6:19 PM, 2/9/2010
Trains used for moving goods makes sense. Long Haul OTR Trucking doesn't. Trains should be used to move goods for the longer distances.
1:43 PM, 2/9/2010
11:50 AM, 2/9/2010
10:57 AM, 2/9/2010