One of CRG’s subsidiary businesses, Advantic, is moving to a new location in Miamisburg, Ohio. After more than doubling sales in 2018 — and growing from 12 to more than 30 employees — Advantic is moving into an eleven-acre, standalone facility at 511 Byers Road in early 2020. The building is near the Byers and Lyons roads intersection, next to Cornerstone Research Group’s headquarters.
The engineering company’s new location will triple its office footprint and nearly double its production area. Advantic’s roots are in industrial and mining industries, helping companies replace conventional building materials such as steel and concrete with advanced, non-corroding structural materials for infrastructure applications.
Read more about Advantic on their web site. Read more about their upcoming move in the Dayton Daily News article.
Cornerstone Research Group (CRG) announced a proposal to expand its current operations to a new facility while expecting to create 250 new jobs in the Dayton region, contingent upon the projects state and local incentives. The TCA approved a 2.101 percent, nine-year Job Creation Tax Credit for this project.
On Thursday, August 15th Cornerstone Research Group (CRG) received a visit from U.S. Congressman Michael R. Turner (OH-10). CRG Executives met with the Congressman and thanked him for his support in introducing their $7 million project, Advanced Carbon-Carbon Composites Manufacturing for Accelerated Hypersonic Technology Development, into the FY 2020 House Defense Appropriations and Defense Authorization Bills. The executive team also took time to share information about CRG’s most recent achievements and their current growth initiatives. The Congressman was given an extensive tour of the facilities and projects at CRG and was enthusiastic about the company’s future.
CRG’s intellectual property portfolio grew as it was issued four new patents in 2018. These included:
On November 10, 2017, CRG corporate offices and its labs and development areas moved to its new location at 510 Earl Blvd., Miamisburg, Ohio. The new facilities offer more production space and integrated lab space, as well as modern offices and conference rooms, with room to expand.
Corporate headquarters are now conveniently located on nearly five acres just southwest of the Dayton I-75/Rt 725 interchange. The new facility provides 56,500 square feet of space, expandable to 88,000 square feet, with a manufacturing area that totals 38,000 square feet and features two 20-ton cranes and one 5-ton crane.
CRG is currently the #1 SBIR awardee in the State of Ohio, based on receiving over $50 million in awards on the Small Business Innovation Research (SBIR) program since being founded in 1997. The company also ranks #1 in the same metric over the last year, the last 3 years and the last decade. These SBIR awards have allowed CRG to build a tremendous portfolio of intellectual property they can capitalize on through both subsidiaries and within the core business. The $50 million in SBIR awards has led to an additional $90 million in non-SBIR revenue during the history of the company.
Applicants are evaluated on six research-based ingredients for an effective workplace: opportunities for learning; a culture of trust; work/life fit; supervisor support for work success; autonomy; and satisfaction with earnings, benefits and opportunities for advancement. These are all factors associated with employee health, well-being and engagement. The winners were recognized at the Dayton Area Chamber of Commerce Board of Trustees meeting on August 22, 2017.