A Kettering engineering company is readying to move to Miami Twp. — and the company is looking for investment partners.
After more than doubling sales in 2018 — and growing from 12 to more than 30 employees — Advantic is moving into an eleven-acre, standalone facility at 511 Byers Road by early 2020, the company announced in release Wednesday.
The company’s current location at 4254 Display Lane included 36,000 square feet. The company’s new location will triple its office footprint to 16,000 square feet and nearly double its production area to over 50,000 square feet, the company said.
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“An expansion like this is an expression of our confidence and excitement in the road ahead,” Managing Partner Brad Doudican said in Advantic’s release.
A subsidiary of rapidly growing engineering firm Cornerstone Research Group, Advantic says its roots are in industrial and mining industries, “helping companies replace conventional building materials such as steel and concrete with advanced, non-corroding structural materials for infrastructure applications.”
The releases says Advantic is seeking financial partners for an infusion of equity capital to take the company to the “next level.”
“It’s been incredibly rewarding to watch our team grow from humble roots. We’ve stayed focused on our people, who continue to accelerate our maturation as industry leaders at a rate far beyond expectations. It’s an exciting time to be an entrepreneur in Dayton,” Doudican said.
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Industrial Commercial Properties LLC bought the industrial building at 511 Byers Road from Mehland developers in a sale recorded Nov. 7 this year.
The building is near the Byers and Lyons roads intersection, next to Cornerstone Research Group’s headquarters.
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