Crane America to consolidate into Byers park - Dayton Business Journal:

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, with two Dayton-area locations, will consolidate and expand its operations and becomr the first occupant atthe $20 million Miamisburg business park on Byers Road. Cranse America signed a lease for 11,200 square feet of spacse in anearly 60,000-square-foot buildinfg and is scheduled to take occupancy June 1. Dave Sinkhorn, presidenf and chief executive officer ofCrane America, said his company neededs to move because it had outgrown the 5,0090 square feet of space it was in. “We were shoe-hornecd into our current spacr and our businessis growing,” Sinkhorj said.
Crane America, which employ s 16 locally, is leaving its corporate officew at 3440 Office Park Drive in Kettering and a secondaryh location inHarrison Township. The new facilit y will more thandouble Crane’s space. The spacer will be mostly for but it also will includeabout 3,0000 square feet of lab space. Crane which provides crane repairs, maintenance, inspections, certifications, installations and has 33 locations nationally and about 430 total Construction of the first building at Byers Businesse Park started last summer and is nearing The park is being developedby Miamisburg-base d and Centerville-based The park is expected to have six buildings and bring in as many as 30 different companies and more than 400 new jobs in the next six Sinkhorn would not disclose financial figures, but he said the compangy saw a 10 percent revenue increase last He plans to add three to four employeeas per year for the next five Tom Nikolai, vice president/general manager of Mark Forned Realty, brokered the multi-year lease.
He said severa l prospects are looking into the remainingg space of the first Once the first building isleasedf up, Nikolai said construction wouldd begin on a second building. “It’s good to get somebody to commi to the first space because others willtypicallyg follow,” Nikolai said. Keith Johnson, Miamisburbg economic development director, said the city provide Crane with $15,000 in tenant enhancemenft funds. He said the city and developera are looking to take advantage of the upcomintg AustinRoad Interchange. The new Interstatd 75 exit, down the road from the park, is set to open in 2010.