Caption

Troy manufacturer’s new home doubles space

Troy-based Honda supplier Schumann Inc. is doubling the size of its operations.

Steve Schumann, the company’s owner, has acquired the former Tagnetics facility at 635 Olympic Drive, also in Troy, according to an announcement from real estate firm Industrial Property Brokers. The company is currently located at 100 Jackson St.

This air-conditioned 18,000 square-foot plant offers additional capacity and room.

RELATEDManufacturing job growth helps drive down Ohio jobless rate

“It is close enough to our main customers and the right-size square footage,” Schumann said in a statement.

The site also leaves further room to expand, the company said. Industrial Property Brokers identified some of the site’s features as 3,500 square feet of office space, heavy power and a manufacturing space not interrupted with columns.

RELATEDLebanon business eyeing 62 new jobs gets tax boost

“The rapid growth of Schumann Inc. has been fueled by its current customers which include. United Technologies (Troy), Honda of America (North American plants), Intelligrated (Mason, Ohio), and Slone Gear (Dayton),” the company said.

Tim Echemann with Industrial Property Brokers represented the seller in the transaction.

Schumann thanked the building’s previous owner, Gary Osterfeld, for helping to make the move possible.

RELATED: More jobs coming to new airport industrial site

Piqua-based Industrial Property Brokers LLC offers sales, leasing, investment analysis and other services across Western Ohio.

Recommended for you

Recommended for you

Recommended for you

Most read

  1. 1 FBI raids Rosenberger home and a Wilmington storage unit
  2. 2 New area code is coming: Dayton Business
  3. 3 Teen bound in Huber Heights, father's body found in Springfield park

More from Daytondailynews