The project depends on whether they get other state and local incentives, according to the company.
PREVIOUS COVERAGE: Miamisburg approves income tax deal for Beavercreek firm to move to city
The Ohio Tax Credit Authority announced today that the local expansion was among nine economic development proposals it reviewed that were brought to the board by JobsOhio.
The board approved a 2.101 percent, nine-year Job Creation Tax Credit toward the company keeping jobs in Miamisburg and the new project in Miami Twp.
Cornerstone manufactures high-tech products and services for the aerospace, defense, and industrial sectors.
In November 2017, Cornerstone Research Group’s corporate offices and most of its labs and development areas moved to its new location at 510 Earl Blvd., Miamisburg. The company said on its website that the new facilities had more production space and integrated lab space, as well as modern offices and conference rooms, with room to expand.
About the Authors
