Connecticut company relocating to Kettering
Monday, March 30, 2009
KETTERING — A Connecticut company that produces precision-machined plastic components for use in medical devices and analytical systems will relocate to the Dayton area with the help of a state tax incentive approved Monday, March 30, state officials and the company said.
The Ohio Tax Credit Authority approved a six-year, $203,217 job-creation tax credit for Adisco Inc., said Kelly Schlissberg, spokeswoman for the Ohio Department of Development. The state tax credit requires Adisco to maintain operations at the project site for 12 years, she said.
The Ohio Department of Development described it as a $255,000 project that will create 56 jobs in three to five years.
Customers include laboratories that do medical research or analyze gases and fluids, said Fletcher Brown, president of Adisco at its main office in East Berlin, Conn. The company expects to begin moving to the National Composite Center in Kettering in April and complete the relocation in 12 to 18 months, leaving a sales office behind in Connecticut, Brown said.
The company employs eight people and expects that about half of them will relocate to Ohio, Brown said in a telephone interview Monday.
The company initially expects to hire three to four people this year and about 14 in 2010, he said. The company has committed to rely on Montgomery County's Job Center to screen applicants for jobs to operate the computer numerically controlled machines that Adisco uses, Brown said.
Adisco will initially operate as a hosted business in the National Composite Center, but hopes to eventually move out to larger quarters when the business grows, Brown said.
The privately held, woman-owned company is hoping that Ohio also will approve a grant to buy equipment that would remain at the National Composite Center, he said. The center's technology expertise will help Adisco, he said.
"We're looking forward to it," Brown said.
Adisco's services also include fusion polymer bonding and vapor polishing, which have potential for growth, the Dayton Development Coalition said. Adisco will expand the Dayton region's capabilities in advanced manufacturing, said Marty Hohenberger, the coalition's vice president of business recruitment.
Contact this reporter at (937) 225-2242 or jnolan@DaytonDailyNews.com.
