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Cornerstone will get the Montgomery County ED/GE fund grant to bring at least 68 jobs and an annual payroll of at least $5.3 million to Miamisburg, according to that city’s records.
Cornerstone would move from 2750 Indian Ripple Road in Beavercreek Twp. to 510 Earl Blvd. after United Grinding North America vacates its long-time home.
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Cornerstone, a research and development specialist, plans to build new labs and create additional parking on the 5-acre site as it grows its manufacturing, according to Miamisburg officials.
UG is building a larger facility – its new continental headquarters - in the Austin Center area near the Interstate 75 interchange as part of an $18 million deal. That includes a $4.7 million access road funded by the city.
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