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Tax deal eases health care firm’s plan to add jobs, move to Miamisburg

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By
Nick Blizzard


Staff Writer

The city of Miamisburg has approved offering a tax deal to a West Carrollton company to expand and move to the Austin Business Park. A job creation income tax credit would provide Aerobiotix, Inc. a 25 percent, five-year reduction if it moves to an 18,000 square foot facility in the park along Byers Road, Miamisburg records show. NICK BLIZZARD/STAFF

Posted: 6:36 a.m. Wednesday, September 12, 2018

A West Carrollton business that manufactures health care air quality products is expected to fill the remaining space at an Austin Business Park building in Miamisburg.

Aerobiotix Inc. has been approved for job creation income tax credit to move and add employees as part of a five-year deal to relocate from Fame Road to Byers Road.

The move to an 18,000 square foot site in Austin Building Park Building 2 would bring 13 jobs to Miamisburg and add at least seven more over three years for a minimum annual payroll of $2 million at the end of that time frame, according to the tax incentive Miamisburg City Council approved this week.

RELATED: Dayton company to triple number of jobs in Miamisburg

The company would join AIG Studios, Orion Sports Medicine and Prosource at the site, said Chris Fine, Miamisburg development director.

“A lot of the businesses that we’ve seen down there have been kind of technology driven,” Fine said. “And these guys are a technology company. They design and manufacture for hospital and other sterilization environments” to “purify and remove contaminants from the air (and) reduce infections.”

Attempts to contact Aerobiotix about the Miamisburg deal were unsuccessful.

The agreement approved by the city calls for a 25 percent tax credit that would be capped at $40,000 and the move would be completed by the end of this year, Miamisburg records show. The agreement would run from Jan. 1. 2019 to Dec. 31, 2024.

RELATED: Beavercreek contractor eyes Miamisburg move

Aerobiotix is a privately held company launched in August 2013 by Dr. David Kirschman, a retired spinal surgeon, according to its website. Kirschman also serves as president and chief executive of X-Spine Systems Inc., a spinal implant manufacturer that employs about 70 workers in Miamisburg.

“It’s one thing to say Miamisburg added another company. And that’s good,” Miamisburg City Manager Keith Johnson. “But all companies in the area are important.

Not only because it creates tax base in the region,” he added, “but our residents work at these companies and these factories. So being able to keep somebody locally actually helps.”

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Fine said the company reached out to him about a year ago about moving from its 8,000 square foot site. The facility is located just over a mile north of the Austin Boulevard/Interstate 75 interchange.

The interchange has seen significant growth to the east in Miami Twp. since it opened about a decade ago. In more recent years, businesses have also built on the south side in Miamisburg.

-MORE STORIES ABOUT MIAMISBURG JOBS:

RELATED: Miamisburg incentive deals adding jobs

RELATED: Access road near Austin interchange to help relocate 140 jobs

RELATED: Company relocating North American HQ near Austin interchange

About the Author

NICK BLIZZARD

 

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