20 November 2008
20 November 2008
Composite Advantage LLC (CA) held a special ribbon cutting ceremony in October to recognize the acquisition of its new advanced materials manufacturing facility.
The 22,000 square foot building is allowing CA to add new products and mold larger Fiber Reinforced Polymer (FRP) composite parts up to 52 feet. The additional space also permits pre-assembly of parts, a service that significantly improves the efficiency and success rate of field installations.
Guest speakers included Lou Luedtke, President and Chief Executive Officer (CEO), National Composite Center (NCC); Scott Reeve, President, CA; Dayton Mayor Rhine McLin; Montgomery County Commissioner Debbie Lieberman; Steve Budd, President, CityWide Development Corp and Dennis Rediker, Board Chairman for the Dayton Development Coalition (DDC).
“As a commercialization agent and manufacturing accelerator, NCC also recognized the vital importance of investing in and supporting advanced materials technologies-related companies to help grow the local economy,” said Luedtke. “So we established an incubation program. Composite Advantage is one of our success stories. Scott joined NCC in 2000 as the Vice-President of Technical Operations. When he came up with the concept for Composite Advantage the Center was able to fulfill two other core objectives – spinning off a new composites company and a skilled professional to take the helm. Scott incubated Composite Advantage at NCC for three years before taking his place in the Dayton business community.”
“The opportunity to incubate at the National Composite Center (NCC) allowed us to grow our company before taking on the full operational costs associated with ownership of a manufacturing facility,” said Scott Reeve, President of CA. “Incubation also gave us the time we needed to determine the best mix of space and equipment to optimize part production as our infusion technology evolved. When we began to move through the process of a facility purchase, we received valuable assistance and support from community and government organizations such as NCC, CityWide Development Corporation and the City of Dayton’s Economic Development Office. Establishing ourselves in our new facility allows us to expand our manufacturing capabilities and significantly enhance the level of service we’re able to provide.”