The $1.7 million expansion will allow Precision Impacts to produce a seamless aluminum cylinder that customers can use at home to fill balloons with helium. The cylinder will be fully manufactured in Miamisburg to include fabrication, heat treatment, machining, assembly, testing, filling, finishing and packaging. The product will ship ready for the retail shelf and it will be sold at large retail outlets across the country.
“This is a fantastic growth opportunity for Precision Impacts, and we’re excited to help them develop and launch this new product where they can leverage the region’s skilled manufacturing workforce and logistical advantage,” Julie Sullivan, the Dayton Development Coalition’s executive vice president for regional development, said in a statement.
JobsOhio and the DDC provide support to growing businesses that extends beyond financial incentives, according to Shannon Joyce Neal, DDC’s vice president of strategic communications.
“As economic development organizations, our role is to connect companies to the resources they need to grow in our region,” Neal said. “That can involve helping them identify sites, understand the region’s workforce and infrastructure, make important industry connections, as well as guiding them through the incentive process at the state and local level. Financial incentives play an important role in making the Dayton Region more competitive and helping companies overcome obstacles to growth.”
Precision Impacts will be hiring to support the expansion. For more information, visit www.gayston.com/join.