Piqua buyer purchases Dayton Machine Tool site for $1.5 million

Scott Metal intends to put a master coil slitting line at the Webster Avenue facility, a line able of processing a wide variety of resources and thicknesses. The organization had been outsourcing that perform to the tune of about 2,000 tons a month, Scott mentioned.

That’s how considerably steel the new Dayton locale will be processing from the start off.

“We’re seeking to use people today in Ohio,” Scott said. “It will make sense for us business-smart to begin managing that ourselves.”

He hopes to achieve entire operations in Dayton by July 1 and hopes to start out choosing early following 12 months. He expects to have eight to 10 staff members quickly, escalating to about 25 in the following handful of decades.

Scott Metal is loved ones-owned. Aaron Scott is the son of John Scott, the company’s owner and founder.

DMT nevertheless mentioned 1314 Webster as its put of business enterprise on its world-wide-web website Friday. But Scott thinks that business will be shifted to affiliate 1st Resource. A concept was still left for Gary Lackey, DMT basic manager.

The Webster Road website features loads of space. In 2009, the business was rebuilding a horizontal disk broach in one of the bays there. That machine’s back again-conclude weighed 125,000 lbs ., with a entrance stop weighing 55,000 pounds, extending about 70 toes in duration, standing extra than 8 ft large.

“It’s 1 of the biggest equipment applications being developed in the United States,” Richard Alden, then-DMT’s chief functioning officer, explained to this newspaper in December 2009.

DMT was started in 1949. Affiliated holdings include To start with Device Corp., Estee Mold & Die, Dayton Manufacturing and other providers.